Business
September 11, 2023
3 min

Is Timescan Logistics (India) Limited's (NSE:TIMESCAN) Recent Stock Performance Tethered To Its Strong Fundamentals? - Simply Wall St

Timescan Logistics (India) stock has increased by 18% in the past week. This article focuses on the company's return on equity (ROE), which measures the profitability in relation to shareholder's equity. Timescan Logistics (India) has a ROE of 22%, higher than the industry average of 9.5%. The company's net income growth is 36% over the past five years, in line with industry average growth. Its low payout ratio suggests heavy reinvestment for future growth. Overall, Timescan Logistics (India) performance is commendable with strong earnings growth and potential for positive impact on share price.

Source: Link

Recent News
Read More
Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry