Multibagger Microcap Infra Company Bags Order Worth Rs 6.99 Crore from Talcher Fertilizers – Complete Details Inside!
The company’s shares have delivered an impressive return of over 165 per cent to its shareholders.
This micro-cap infra company has been awarded an order worth Rs 6.99 crore (basic price) from Talcher Fertilizers Limited for the supply and erection of electrical works in Talcher, Odisha. The project is set to be completed within 10 months from the issuance of the Fax of Acceptance (FOA) dated September 3, 2024.
Incorporated in December 1995, Konstelec Engineers Limited is an Engineering, Procurement, and Construction (EPC) contractor offering a comprehensive range of EPC services both in India and internationally.
Today, the shares of Konstelec Engineers Limited are trading at around Rs 186 per share on the NSE. The company’s current market capitalization stands at Rs 280.86 crore. Additionally, the shares have delivered an impressive multibagger return of over 165 per cent compared to its final IPO issue price of Rs 70 each.
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Looking at the annual performance, the company generated a revenue of Rs 215 crore in FY24 compared to Rs 153 crore representing a gain of 40 per cent. The operating profit for FY24 was Rs 19 crore with an operating profit margin of 9 per cent which same in FY23. The company reported a net profit of Rs 9 crore compared to a net profit of Rs 7 crore in FY23 representing a gain of around 28.57 per cent YoY.
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Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.