Rs 153.80 crore order book: This micro-cap multibagger railway infrastructure company bags new order worth Rs 32.62 million!
Shares of the company gained more than 130 per cent in the last six months.
BCPL Railway Infrastructure Limited has received an order for the work of 25 KV OHE and allied electrical works in connection with the Provision of 12 Mtrs. Wide FOB at five stations of Sealdah Division of Eastern Railway. The total project cost is Rs. 32.62 million and it is expected to be executed over a period of 12 months. The stock has witnessed a remarkable increase of approximately 130 per cent in the last six months. The order book position stands at Rs 153.80 crore as of September 30, 2023.
BCPL Railway Infrastructure Limited reported a robust second quarter for FY24, with significant improvement in key metrics. The net sales of the company decreased by 15.06% to Rs 23.27 crore, compared to Rs 27.39 crore in the same quarter last year. The company’s EBITDA experienced a significant increase of 58.44%. The net profit for the quarter stood at Rs 2.04 crore, which was Rs 1.50 crore in the previous year's same quarter.
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BCPL Railway Infrastructure Limited (BCPL) is engaged in the execution of railway infrastructure development projects involving the design, drawing, supply, erection and commissioning of 25KV, 50Hz single-phase traction overhead equipment.
Today, the stock opened at Rs 109.55, with a high and low of Rs 109.55 and Rs 105.00. It is closed trading at Rs 106.25, up by 0.52 per cent. The stock has a 52-week high of Rs 119.95 and a 52-week low of Rs 35.60.
Investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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