Low PE high ROE multibagger stock: This small-cap company receives multiple orders worth Rs 720 crore!

The stock has a PE of 20.5x and a ROE of 19.80 per cent with multibagger returns of 183.45 per cent in just 1 year.

Power Mech Projects Ltd informed the exchange that the company has received multiple orders worth Rs 720 crore. Details below:   

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. Mechanical maintenance of Boiler and Auxiliaries at Sasan UMPP, Reliance Power, Sasan. Steel pipeline laying & associated works of city gas distribution networks for West Bengal Cluster, HPCL, West Bengal. The order is worth Rs 90 crore.   

Power Mech Projects Limited, incorporated in 1999, is an engineering and construction company 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 Power Mech plunged 0.04 per cent to Rs 2,466.70 per share with an intraday high of Rs 2,505.70 and an intraday low of Rs 2,425.  The shares of the company saw a spurt in volume by more than 1.34 times on BSE.  

The stock has a PE of 20.5x and a ROE of 19.80 per cent with multibagger returns of 183.45 per cent in just 1 year.  Investors should keep an eye on this Small-Cap stock.