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ELECTRONICS April 21, 2019 Why You Should Care About MIRC Electronics Limited’s (NSE:MIRCELECTR) Low Return On Capital
By: Loknath DasToday we are going to look at MIRC Electronics Limited (NSE:MIRCELECTR) to see whether it might be an attractive investment prospect. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we’ll work out how to calculate ROCE. Second, […]