Multibagger Construction Equipment Rental & Infrastructure Company Bags Order Worth Rs 11.60 Crore to Provide Cranes – Stock Gains Over 1,000 Per cent

Multibagger Construction Equipment Rental & Infrastructure Company Bags Order Worth Rs 11.60 Crore to Provide Cranes – Stock Gains Over 1,000 Per cent

Rakesh Deshmukh

The company’s shares have delivered an impressive multibagger return of over 450 per cent in the past 2 years.

Incorporated in 2012, Tara Chand Infralogistic Solutions Ltd is a Small-Cap company that offers cargo handling and logistics services. The company has recently secured contracts for deploying cranes with varying lifting capacities for capacity expansion and new construction projects in the Cement, Steel, Thermal Power, and Renewable Energy sectors across Gujarat, Karnataka, Madhya Pradesh, and Jharkhand.

Under these new contracts, Tara Chand Infralogistic Solutions Ltd will provide cranes with capacities ranging from 150MT to 500MT for periods of 6 to 12 months, extendable based on on-site requirements. The total contract value (excluding taxes) to be executed within FY2024-25 is Rs 1,159.60 lakhs, divided as follows:

  • Cement: Rs 473.20 lakhs
  • Steel: Rs 153.00 lakhs
  • Thermal Power: Rs 239.40 lakhs
  • Renewable Energy: Rs 294.00 lakhs

These orders will be executed under the company's "Construction Equipment Rentals" segment, which recorded an EBITDA of 51 per cent in Q1 FY25.

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On Friday, the shares of Tara Chand Infralogistic Solutions Ltd closed the day at around Rs 366.80 per share on the NSE. The company’s current market capitalization stands at Rs 567.62 crore. Additionally, the shares have delivered an impressive multibagger return of around 235 per cent in the past 1 year and over 1,000 per cent returns in the past 5 years.

Check out my recent article here.

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

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

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