Under Rs 100: Microcap Multibagger Construction Company Bags Order Worth Rs 2,69,41,000 – Complete Details Inside!
The company’s shares have delivered a multibagger return of over 200 per cent in just 1 year.
Incorporated in 2017, This micro-cap construction company specializes in the development, maintenance, and operation of airports and related businesses.
Abhishek Integrations Ltd has been awarded a contract for the Annual Repair and Maintenance Operations (ARMO) of Electrical and Mechanical Installations at Visakhapatnam Airport for the year 2024-25. The project, which includes the Operation and Maintenance (O&M) of installations at the Terminal Building and Operational area, is valued at Rs. 2.69 crore (inclusive of GST). This contract underscores AIL's ongoing commitment to providing essential maintenance services in critical infrastructure settings.
Currently, the shares of Abhishek Integrations Ltd are at around Rs 98.90 per share on the NSE. The company’s current market capitalization stands at Rs 58.55 crore. Additionally, the company’s shares have delivered a return of over 220 per cent in the past 1 year.
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As per the half-yearly results, in March FY24, Abhishek Integrations Ltd recorded a revenue of Rs 14.59 crore compared to Rs 13.76 crore. The operating profit stood at Rs 1.01 crore. The net profit stood at Rs 0.50 crore compared to a profit of Rs 0.34 crore. Looking at the annual performance, the company generated a revenue of Rs 25.45 crore in FY24. The operating profit for FY24 was Rs 1.75 crore with a net profit of Rs 0.77 crore compared to a net profit of Rs 0.67 crore in FY23.
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Investors must keep this micro-cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.