Rs 250 crore order book: This multibagger micro-cap company receives order worth Rs 1.40 crore from Haryana State Industrial & Infrastructure Development Corporation Limited!

The stock gave multibagger returns of 202 per cent over the span of 3 years.

Dhruv Consultancy Services Ltd (BSE Script Code: 541302: NSE Script Code: DHRUV), one of the leading infrastructure consultancy companies in India, has received the letter of award of independent consultancy services for operation and maintenance of access controlled 6-lane Kundli-Manesar Section in the State of Haryana on BOT (Annuity) basis from the Haryana State Industrial & Infrastructure Development Corporation Limited with a fee of Rs 1.40 crore (Rs 1,40,22,000) and will be completed within 36 months from LOA.

According to the financials, the net sales increased by 3.59 per cent and the net profit increased by 127 per cent in Q4FY23 compared to Q4FY22. The net sales increased by 8.15 per cent in FY23 compared to FY22. The company reported a net profit of Rs 4.82 crore in FY23 whereas in FY22 it had reported a net profit of Rs 5.76 crore, down by 16.22 per cent.

The company received multiple orders worth over Rs 15 crore in 2023-2024. Including all the orders the company’s order book stands over Rs 250 crore.

On Thursday, shares of Dhruv Consultancy Services gained 1.70 per cent to an intraday high of Rs 51.75 per share from its previous closing of Rs 50.89. At the closing bell, shares of the company were trading at Rs 50.60 per share, down 0.57 per cent.

The stock has a 52-week high of Rs 72.50 and a 52-week low of Rs 43.26. The stock gave multibagger returns of 202 per cent over the span of 3 years. Investors should keep an eye on this micro-cap stock.