52-week high alert: Only buyers in this multibagger small-cap stock with a stellar Rs 18,824.43 crore order book!
The stock is up by 75 per cent in 2 years and generated multibagger returns of over 220 per cent in 3 years.
On Wednesday, one of the Top Gainers on BSE, shares of Ahluwalia Contracts (India) Limited jumped 10.93 per cent to make a new 52-week high of Rs 682.30 per share from its previous closing of Rs 615.05 per share. The share of the company saw a spurt in volume by more than 4.42 times on BSE.
Ahluwalia Contracts (India) Limited, a leading EPC company in India, informed that has secured an order for the construction of civil, Structure and external development work for the retail block at plot no. LP-1B-02 at DIAL II, Aerocity, New Delhi worth Rs 426.57 crore.
The order inflow during the current FY 2023-24 stands at Rs 4177.83 crores till date. Order Book Update: The company have an order book of Rs 14,464.60 crore as of March 31, 2023. The total order book till date stands at Rs 18,824.43 crore.
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According to the Quarterly Results, the net sales increased by 18.09 per cent to Rs 863 crore and the net profit skyrocketed by 70.46 per cent to Rs 72 crore in Q4FY23 over Q4FY22. According to the annual results, the net sales increased by 5.42 per cent to Rs 2,838 crore, the operating profit increased by 16.78 per cent to Rs 304 crore and the net profit increased by 25.06 per cent to Rs 194 crore in FY23 over FY22. The EPS for FY23 stood at Rs 28.96.
The shares of the company have a PE of 23x, a ROE of 17.43 per cent and a ROCE of 25 per cent. The stock is up by 75 per cent in 2 years and generated multibagger returns of over 220 per cent in 3 years. Investors should keep an eye on this Small-Cap stock