SMALLCAP ENGINEERING STOCK UP BY 50% IN 3 MONTHS

Stock price of

is up by 50% in the last 3 months going from Rs 610 to Rs 915 per share on account of strong growth potential by the company. The company's net income growth of 50% is much higher than the industry average of 37%. Further, the company's 3-year median payout ratio to shareholders is 8.5%, which is quite low. This implies that the company is retaining 92% of its profits. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number. Additionally, the company has paid dividends over a period of at least 10 years which means that the company is pretty serious about sharing its profits with shareholders.