Volume Spurt Alert & Rs 752.5 Crore Order Book: Infrastructure Stock Jumps 13.3 Per Cent on April 21; Do You Own It?
The shares of the company have a PE of 15x, an ROE of 44 per cent and an ROCE of 61 per cent.
On Monday, along with the market in green, shares of Denta Water & Infra Solutions Ltd jumped 13.3 per cent to an intraday high of Rs 341.90 per share from its previous closing of Rs 301.80 per share. The stock’s 52-week high is Rs 377.30 per share and its 52-week low is Rs 255 per share. At the closing bell, shares of the company were trading at Rs 328.80 per share, up 9 per cent with a spurt in volume by more than 5 times on BSE.
Denta Water & Infra Solutions Ltd (DWISL), established in 2016, operates within the water engineering, procurement, and construction sectors, providing comprehensive water and infrastructure solutions. The company specialises in the design, installation, and commissioning of water management infrastructure projects, with a particular expertise in groundwater recharging utilising recycled water, positioning them as one of the few Indian companies with experience across the entire project lifecycle, including operations and maintenance. Beyond water management, DWISL also undertakes construction projects in the railways and highways sectors, showcasing a diversified approach to infrastructure development.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.
The company has a market cap of over Rs 800 crore with an order book of Rs 752.5 crore. The shares of the company have a PE of 15x, an ROE of 44 per cent and an ROCE of 61 per cent. The stock is up by 30 per cent from its 52-week low of Rs 255 per cent. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.