Supreme Industries may rally over 39% as brokerage sees upside
Updated: 01 Aug 2022, 09:28 AM IST
TL;DR.Supreme Industries' operating profit margin fell to 435 bps year on year at 12 per cent due to a rise in employee costs and other expenses. The company's total expenditure during the June 2022 quarter jumped 66.96 per cent to ₹1,937.2 crore
Supreme industries have a strong return on equity of 24% and a ROCE of 27% (5-year average) respectively. It has a price-to-earnings ratio of (23.5x) compared to the peer average of (38.1x).