The next L&T: Multibagger small-cap engineering stock has a strong order book, low PE and a new ethanol plant order; watch out! The next L&T: Multibagger small-cap engineering stock has a strong order book, low PE and a new ethanol plant order; watch out! A recent order for a state-of-the-art 200 KLPD capacity Ethanol plant further solidifies its position as a forward-thinking industry player. Karan Dsij / Thursday, November 23, 2023 / Article rating: 4.1 Can this multibagger small-cap stock be the next L&T? Company has solid order book and trades at low PE; received new order for setting up an ethanol plant