Has Symphony Limited been using Capital Shrewdly (NSE: SYMPHONY)?

Today we will review Symphony Limited (NSE: SYMPHONY) to decide if as an investment idea it might have potential. In particular, we should consider its Return on Capital Employed (ROCE), as this will provide us with an insight into how effectively the company can produce revenue from the capital it needs.

Understanding Return On Capital Employed (ROCE)

ROCE is a measure of the annual pre-tax benefit (its return) of a busine....