Posted 2/24/2024, 6:04:00 AM
INDUS Holding Stock Rises on Strong Financial Health and Earnings Growth
- INDUS Holding's (ETRINH) stock price has risen 6.7% in the last 3 months, likely due to its strong financial health
- Return on Equity (ROE) measures a company's profitability and INDUS Holding's ROE is 12%
- Higher ROE and profit retention allows for higher earnings growth potential
- INDUS Holding has seen decent 12% earnings growth over the last 5 years, in line with industry average
- INDUS Holding reinvests 74% of its profits for growth and has increased its dividend payouts for over 10 years