CLSA has identified 5 Mid-Cap stocks that investors should buy now. Mid-cap stocks have underperformed the large cap stocks by 3.3 per cent since the beginning of August. The CNX Midcap forward PE discount has narrowed to 13 per cent, which is below its long-term average of 20 per cent
Posts tagged midcap value
Greaves Cotton: Low Debt, High ROE, Good Dividend Yield & Capacity Expansion
Greaves Cotton catches the eye for three reasons. Firstly, Greaves Cotton has a high Return on Equity (ROE) of about 29%. Second, Greaves Cotton is virtually debt free with a debt: equity ratio of only 0.09. Thirdly, Greaves Cotton has implemented an expansion plan which ensures that the profits will grow without any equity dilution
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