Multibagger stock below Rs 200: This small-cap company is selected as a consultant for an order worth Rs 7 crore!
The stock gave multibagger returns of 306.24 per cent over the last 3 years with a PE of 18.3 x and an ROE of 14 per cent.
Today, shares of Rudrabhishek Enterprises Ltd surged 2.5 per cent to Rs 149.70 per share from its previous closing of Rs 146.05. The stock has a 52-week high of Rs 234.35 and a 52-week low of Rs 130.
Municipal Corporation of Greater Mumbai (MCGM) has appointed Delhi-based public limited infrastructure consultancy company Rudrabhishek Enterprises Ltd (REPL), as Project Management Consultant (PMC) (Group 3) for the construction of dwelling units under Ashray Yojana for an order worth Rs 7 crore.
In order to provide staff quarters to all employees and conservancy staff of the Solid Waste Management Dept using the municipal fund, MCGM has implemented the 'Ashray Yojana'.
Rudrabhishek Enterprises Ltd (REPL) is an integrated real estate & infrastructure consultant. The company provides end-to-end consultancy including marketing and strategic advisory services to its clients.
REPL has a market cap of Rs 253 crore. According to the Quarterly Results (consolidated), net sales rose by 37.47 crore and net profit rose by 37.34 per cent in Q3FY23 over Q3FY22. In FY22, net sales rose by 4.35 per cent and net profit rose by 8.11 per cent over FY21.
The stock gave multibagger returns of 306.24 per cent over the last 3 years with a PE of 18.3 x and an ROE of 14 per cent. Investors should keep an eye on this Small-Cap stock.