Stocks to buy: Consider stocks with healthy return ratios; 5 stocks with up to 39.3% upside potential

ET Wealth has identified companies that have a strong return ratio profile. The data for the past five financial years for RoE, RoCE and RoA were extracted from Reuters-Refinitiv for listed companies (with market cap of more than Rs 100 crore), including the latest data for 2023-24. The companies with highest return ratios in 2023-24 compared to the past five years were selected. Also, only companies with positive ratios in the defined period were included. Furthermore, only those with both RoE and...