This Multibagger Power Transmission Company Bags Order Worth Rs 16,27,00,000 from Gujarat Energy Transmission Corporation; Must watch

The company’s shares have delivered a return of over 500 per cent to its shareholders in just 1 years only.

This Small-Cap Infrastructure company secured an order from Gujarat Energy Transmission Corporation Limited worth Rs 16.27 Crores for the uprating of existing 66kv lines on towers by high ampacity conductor/ HTLS conductor spanning 27.516 RKM.

Advait Infratech Ltd specializes in providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Additionally, it operates across various verticals, including Turnkey Telecommunication Projects and the installation of Power Transmission, Substation, and Telecom Products.

Also read Rs 832 Crore Order Book: Oil Drilling Company Bags Order Worth Rs 37,71,00,000 from Sun Petrochemicals; FIIs and DIIs Increase Stake!

Share Performance:

Today, the company’s stock closed at Rs 1841. The company’s current market capitalization stands at Rs 1877.82 crore. The stock has delivered a multibagger return of around 536 per cent in just 1 year.

Financial performance:

According to the Quarterly Results, in Q4 FY24, the company reported a revenue of Rs 59.73 crore and an operating profit of Rs 11.45 crore. The operating profit margin for the quarter stands at 19.17 per cent. The company’s net profit stood at Rs 7.23 crore. In FY24, the company reported a revenue of Rs 209 crore compared to Rs 103 crore, and a net profit of Rs 22 crore, compared to a profit of Rs 8 crore in the previous year.

Investors must keep this small-cap stock on their radar.

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