52-week high stock: Shares of this multibagger construction company surged over 12 per cent on April 24

The stock has a PE of 20.09x and an ROE of 19.80 per cent with multibagger returns of 200.96 per cent in just 1 year. 

On Monday, one of the Top Gainers on BSE, shares of Power Mech Projects Limited surged 12.06 per cent to an intraday high of Rs 2,764.15 per share. The stock also traded at a new 52-week high of Rs 2,764.15 per share. At closing bell, shares of the company were in green, up 10.46 per cent to Rs 2,724.75 per share.     

Also, Power Mech Projects Ltd informed the exchange that the company has received multiple orders worth Rs 720 crore.  

Order No-1: Construction of Government Medical College & Hospital for Uttarakhand Pey Jal Nigam Limited, Uttarakhand. The order is worth Rs 362 crore.  

Order No-2: Distribution works under ROSS for MPPKWCL, Khargone Circle, Indore, Madhya Pradesh and railway electrification of 25 KV OHE Works, Mysuru Division, Karnataka. The order is worth Rs 162 crore.  

Order No-3: Balance Erection works & Refurbishment of 2x525 MW Monnet ISpat, JSPL,Angul, Odisha. The order is worth Rs 106 crore.  

Order No-4: Operation & Maintenance of complete sea water intake system at in GSPC Pipavav Power Company Limited, Pipavav, Gujarat. Mechanical Maintenance services of Turbine - Generator & auxiliaries and Balance of Plant, Adani, for Thermal Power Plant, Tiroda, Maharashtra. The order is worth Rs 90 crore.   

Power Mech Projects Limited is engaged in engineering and construction, providing integrated service in erection, testing and commissioning (ETC) of boilers, turbines and generators, civil works and operation and maintenance (O&M). Today, shares of the company saw a spurt in volume by more than 12.68 times on BSE.

The stock has a PE of 20.09x and an ROE of 19.80 per cent with multibagger returns of 200.96 per cent in just 1 year.  Investors should keep an eye on this Small-Cap stock.