India Tourism Development (NSE:ITDC) has had a great run on the share market with its stock up by a significant 22% over the last week. However, we wonder if the company’s inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study India Tourism Development’s ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it…