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5 Best Contrarian Stocks to buy in 2024

By :  Sachin Gupta 

Published : 12 June 2024

Gabriel India

The company is engaged in the business of Ride Control Products for the Indian auto sector. Its shares are trading at around Rs. 417 at present with ROCE and ROE of 24.46% and 18.35% while the OPM is noted at 7.64%. 

NOCIL

The company is the largest Rubber chemicals manufacturer in the country. It is currently trading at around Rs. 268.70 with an ROCE of 9.81% and an ROE of 7.83%. Its OPM is 12.57%.

Mahanagar Gas

It falls under the wings of Maharashtra Govt and GAIL Limited. It is currently trading around Rs. 1446 with an ROCE of 31.39% and an ROE of 25.06%. Its OPM is 27.93%.

BPCL

Bharat Petroleum also known as BPCL is a leading player in the Indian oil and gas industry. It is currently trading at around Rs. 615 with an ROCE of 32.53% and an ROE of 35.51%. Its OPM is 8.82%. 

Indian Metals & Ferro Alloys

The company is on top for producing fully integrated Ferro Alloys. It is currently trading around Rs. 798 with an ROCE of 25.24% and an ROE of 18.60%. Its OPM is around 19.82%.

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