380 Per cent Return & Stock Under Rs 150: This Small-Cap Company Bags Order Worth Rs 6,33,00,000 from JK Cement!

The company’s shares have delivered an impressive return of over 385 per cent in the past 5 years.

Incorporated in 2006, South West Pinnacle Exploration Ltd specializes in drilling and exploration services for coal, minerals, and coal-bed methane.

Today, South West Pinnacle Exploration Limited (SWPE) secured a work order from JK Cement Ltd. The contract entails survey and exploration services for a coal block located in Madhya Pradesh, with a total value of approximately Rs 6.33 crore inclusive of GST. The contract is slated for completion by June 2025.

Share Performance:

Today South West Pinnacle Exploration Ltd shares closed the day at Rs 121 per share. The company’s current market capitalization stands at Rs 337.62 crore. The stock has delivered a return of over 385 per cent in the past 5 years.

Financial performance:

According to the Quarterly Results, in Q4 FY24, South West Pinnacle Exploration Ltd reported a revenue of Rs 45 crore and an operating profit of Rs 7.83 crore. The operating profit margin for the quarter stands at 17.40 per cent. The company’s net profit stood at Rs 2.24 crore. In FY24, the company reported a revenue of Rs 133 crore compared to Rs 124 crore, and a net profit of Rs 7 crore, compared to a profit of Rs 8 crore in the previous year.

SWPEL is a fully ISO-certified exploration and mining company, offering comprehensive services in Mineral & Unconventional Energy resources. The company specializes in drilling and exploration of coal, minerals, and coal-bed methane.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.