Rs 10,600 crore order book: Multibagger civil construction company reports a 126 per cent jump in net profit and receives order worth Rs 837.34 crore!
Rs 10,600 crore order book: Multibagger civil construction company reports a 126 per cent jump in net profit and receives order worth Rs 837.34 crore!

Rs 10,600 crore order book: Multibagger civil construction company reports a 126 per cent jump in net profit and receives order worth Rs 837.34 crore!

The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex Index is up by 11.80 per cent.

Kiran Shroff Article rating: 3.8

The company has received an order from Oil and Natural Gas Corporation Limited (ONGC) for the revamping of SV stations, Gas Terminal & Kribhco Terminal of ONGC, Hazira Plant on EPC reimbursable [Open Book Estimate (OBE)] Basis. The project is worth Rs 837.34 crore and it will be completed in 45 months from LOI. 

Rs 9,079 crore order book: This multibagger civil construction company receives order worth Rs 837.34 crore from ONGC!
Rs 9,079 crore order book: This multibagger civil construction company receives order worth Rs 837.34 crore from ONGC!

Rs 9,079 crore order book: This multibagger civil construction company receives order worth Rs 837.34 crore from ONGC!

The stock gave multibagger returns of 130 per cent in just 1 year whereas BSE Sensex Index is up by 13 per cent.

Kiran Shroff Article rating: 3.6

The company's financial performance is strong. Its quarterly and annual consolidated financial statements showed positive results. As of March 31, 2023, the company has a large order book worth Rs 9,079 crore. The company is also nearly debt-free and consistently offers a healthy dividend payout of 71.60 per cent.

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