Rs 14,351 crore order book: Mukul Agarwal’s portfolio multibagger stock receives new orders worth Rs 608,29,71,000!
The stock gave multibagger returns of over 100 per cent in 1 year and a whopping 330 per cent in 3 years.
J. Kumar Infraprojects Ltd informed that the company received an order worth Rs 509,00,00,000 for Provn of Tech Accn and Allied Infra for Command Hospital, Lucknow on EPC Mode. The LOA is issued to the Company in the capacity of sole bidder. The order will be completed within 30 months for Phase I - Construction & 60 months for Phase II – Maintenance.
Earlier, the company received an order worth Rs 99,29,71,000 from Mumbai Metropolitan Regional Development Authority. The order includes design, supply, fabrication and erection of pre-engineering building structural steel works and execution of internal & external architectural finishings and plumbing works including interior fit-outs for 5 elevated stations Viz. Diamond Garden, Shivaji Chowk, BSNL Metro, Mankhurd & Mandale of Metro Line 2B Corridor of Mumbai Metro Rail Project of MMRDA. The order will be completed within 56 weeks.
About J. Kumar Infra Projects Ltd: J Kumar Infraprojects Ltd is a Small-Cap company having a market cap of over Rs 3,462 crore that is engaged in the business of execution of contracts for various infrastructure projects.
As of June 30, 2023, the company has a total order book of Rs 14,351 crore. The company reported amazing numbers in its Quarterly Results and annual results. As of June 2023, an ace investor, Mukul Agarwal owns 20,00,000 shares or a 2.64 per cent stake in J. Kumar Infra Projects Ltd.
On Thursday, shares of J Kumar Infraprojects Ltd plunged 0.39 per cent to Rs 455.75 per share with an intraday high of Rs 464.50 and an intraday low of Rs 454.05. The stock’s 52-week high is Rs 473.40 per share and its 52-week low is Rs 216.45.
The stock gave multibagger returns of over 100 per cent in 1 year and a whopping 330 per cent in 3 years. The shares of the company have a PE of 12x whereas the industry PE is 22x.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s 'Tiny Treasure' service recommends researched small-cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.