900 per cent multibagger returns in just 1 year: This micro-cap company bags new order, stock hits back-to-back upper circuits for 5 consecutive days!

The company's shares have delivered an impressive return of over 120 per cent to their shareholders in the past 3 months only.

Incorporated in 1992, Constronics India Limited trades in construction and building materials. The company has announced the significant order received by the company.

Order Details

The company has been awarded a contract valued at Rs 4.64 crores (excluding taxes) from Karunya Institute of Technology and Sciences, Coimbatore. The project involves the construction of a high-level RCC bridge across Odai, connecting S.F.No.81/3 and 551/2 in Karunya Educational and Research Trust, Karunya Nagar. The contract is valued at Rs 4.64 crores (excluding tax) and is to be executed within 210 days from the date of site handover.

Share Performance

On Wednesday, the company's stock is at around Rs 63.04 per share and hits an upper circuit of 5 per cent today, with a market capitalisation of Rs 45.45 crore. Additionally, the stock has delivered an impressive return of around 122 per cent in the past 3 months only and a multibagger return of 350 per cent in the past six months only. Furthermore, the company’s stock has given a remarkable return of 1437 per cent return in the past five years.

Financial performance

According to the Quarterly Results, in Q4 FY24, the company reported a revenue of Rs 0.15 crore, representing a de-growth of 16.67 per cent, and a net profit of Rs 0.01 crore. In FY24, the company reported a revenue of Rs 0.82 crore and a net profit of Rs 0.06 crore, compared to a net profit of Rs 0.17 crore in the previous year.

According to the shareholding pattern of the company, promoters hold 10.63 per cent of the company while public investors hold 89.37 per cent as per the recent update.

Investors must keep this micro-cap stock on their radar.

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