{"id":112348,"date":"2023-10-20T11:53:14","date_gmt":"2023-10-20T06:23:14","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112348"},"modified":"2023-10-20T11:53:19","modified_gmt":"2023-10-20T06:23:19","slug":"micro-cap-stock-with-high-roe-to-raise-funds-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/","title":{"rendered":"Micro cap stock with high RoE to raise funds; Check the details \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1052736657\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The plywood company\u2019s share opened marginally lower on Friday&#8217;s trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2656041673\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of 929.36 crore, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RUSHIL\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Rushil Decor<\/a><\/strong> opened lower today. The stock opened at Rs. 356 level on NSE and is currently trading at Rs 345.10 level.The company\u2019s share had locked 20 percent upper circuit in yesterday&#8217;s trading session.\u00a0<\/p><p>In a filing with the exchange the company informed that it has fixed the board meeting on 26th october to discuss and approve fundraise through right issue. After the spread of this stock market news Rushil decor hits 20 percent upper circuit within few minutes of opening bell yesterday.&nbsp;<\/p><p>The company mentioned that the board meeting is scheduled on 26th October to consider and approve the Raising of Funds by issue of Equity Shares, or any other financial instruments convertible into Equity Shares (including warrants, or otherwise) by way of Preferential Allotment or Private Placement or Qualified. Institutions Placement or Right Issue Basis or any combination thereof or any other method as may be permitted under applicable law\u2019.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-573501671\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Digging into the financials of the company, the revenue has marginally dipped to Rs 192.85 Cr in Q1 FY24 compared to Rs 210.78 Cr in Q1 F 23. Its net profit also decreased to Rs 12.2 Cr in Q1 FY 24 compared to its last quarter where it reported Rs 27.2 Cr.&nbsp;<\/p><p>When we look into the important ratio of the company, Return on Equity (RoE) for FY 22-23 was increased to 25.27 percent, even Return on Capital Employed (RoCE) accelerated to 17.33 percent during the same period. The company\u2019s P\/E stands at 6.71 and makes one of the undervalued stock as the industry P\/E is at 36.59.&nbsp;<\/p><p>According to the latest shareholding pattern, the promoters hold 56.43 percent of stake and the remaining 43.61 is held by the public.<\/p><p>The Ahmedabad based business is one of the major players in the laminate and MDF panel board industry in India and has a footprint in more than 50 countries.The company was incorporated in the year 1993, markets its products under the flagship brand named VIR.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Vaibhav patil<\/strong><strong>&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3157106307\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The plywood company\u2019s share opened marginally lower on Friday&#8217;s trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.&nbsp; With a market capitalization of 929.36 crore, the shares of Rushil Decor opened [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[13537,13536,13535,948,936],"class_list":["post-112348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-rushil-decor-fundraise","tag-rushil-decor-latest-news","tag-rushil-decor-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Micro cap stock with high RoE to raise funds; Check the details \u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The plywood company\u2019s share opened marginally lower on Friday&#039;s trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micro cap stock with high RoE to raise funds; Check the details \u00a0\" \/>\n<meta property=\"og:description\" content=\"The plywood company\u2019s share opened marginally lower on Friday&#039;s trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-20T06:23:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-20T06:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/\",\"url\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/\",\"name\":\"Micro cap stock with high RoE to raise funds; Check the details \u00a0 - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg\",\"datePublished\":\"2023-10-20T06:23:14+00:00\",\"dateModified\":\"2023-10-20T06:23:19+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The plywood company\u2019s share opened marginally lower on Friday's trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Micro cap stock with high RoE to raise funds; Check the details \u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Micro cap stock with high RoE to raise funds; Check the details \u00a0 - Trade Brains Features","description":"The plywood company\u2019s share opened marginally lower on Friday's trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/","og_locale":"en_US","og_type":"article","og_title":"Micro cap stock with high RoE to raise funds; Check the details \u00a0","og_description":"The plywood company\u2019s share opened marginally lower on Friday's trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-10-20T06:23:14+00:00","article_modified_time":"2023-10-20T06:23:19+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/","url":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/","name":"Micro cap stock with high RoE to raise funds; Check the details \u00a0 - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg","datePublished":"2023-10-20T06:23:14+00:00","dateModified":"2023-10-20T06:23:19+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The plywood company\u2019s share opened marginally lower on Friday's trading session lower compared to its previous close when it hit a 20% upper circuit as the company approved for fundraise. The stock has gained nearly 20 percent in the past one month.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Index-124-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/micro-cap-stock-with-high-roe-to-raise-funds-check-the-details\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Micro cap stock with high RoE to raise funds; Check the details \u00a0"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=112348"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112348\/revisions"}],"predecessor-version":[{"id":112349,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112348\/revisions\/112349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/69893"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=112348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=112348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=112348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}