Rs 145 crore order book: This multibagger micro-cap company bags new order worth Rs 12,00,00,000 from Jammu Smart City, Jammu (J&K)

Rs 145 crore order book: This multibagger micro-cap company bags new order worth Rs 12,00,00,000 from Jammu Smart City, Jammu (J&K)

Kiran Shroff

From Rs 99.20 to Rs 364.60 per share, the stock gave multibagger returns of 267.5 per cent in just 3 months.

Z-Tech (India) Limited has secured a noteworthy project from Jammu Smart City, Jammu (J&K). The project entails the design, engineering and development of a Waste to Wonder Park at Khanpur, Jammu, under a Public-Private Partnership (PPP) model. The company will be responsible for the operation, maintenance, and management of the park for 20 years. The order value for this project is a substantial Rs 12,00,00,000 excluding GST. This marks a significant accomplishment for Z-Tech and is anticipated to positively impact the company's growth trajectory.

Earlier, the company secured substantial work orders from 2 clients. This significant development solidifies our position as a leading player in the civil construction industry. The orders include a substantial civil works project for Shree Balaji Engicons Limited and a ground improvement contract for J. Kumar Infraprojects Ltd. These projects, valued at a combined total of Rs 5,45,27,550, will further enhance the company’s portfolio and contribute significantly to its revenue growth in the upcoming quarters.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

Z-Tech (India) Ltd, a leading provider of civil engineering solutions, specializes in creating innovative and sustainable geotechnical solutions for infrastructure and civil construction projects in India. The company's diverse portfolio includes sustainable theme park development, industrial wastewater management, and geotechnical specialized solutions. By repurposing waste materials, Z-Tech contributes to environmental conservation while offering engaging and immersive experiences for visitors. Additionally, their expertise in treating industrial wastewater and extracting valuable chemicals promotes resource efficiency. Moreover, the company's geotechnical solutions address complex challenges related to soil and rock mechanics, ensuring the structural integrity and safety of infrastructure projects.

The company has a market cap of Rs 466.6 crore and as of June 30, 2024, the company has an order book of Rs 145 crore. From Rs 99.20 to Rs 364.60 per share, the stock gave multibagger returns of 267.5 per cent in just 3 months.Investors should keep an eye on this micro-cap stock.

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

Also Read: Rs 13,018 crore order book: India's largest EV Charging solutions provider signs a MoU with Tata Motors Ltd

Previous Article 1:150 bonus share record date announced: Debt-free penny stock under 2 locked in upper circuit with 2 times spurt in volume!
Next Article 3:1 Bonus Share: Suzlon peer company’s stock hit back-to-back 52-week highs; Company’s EPC Projects arm Resco Global completes Rs 350 crore equity raise!
Rate this article:
4.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR