High ROE & high ROCE penny stock under Rs 70 in green as company bags order worth Rs 10.22 crore plus GST from Viceroy Properties LLP
The company has a market cap of Rs 166 crore and stock is up by 70 per cent from its 52-week low of Rs 39.50 per share.
Aluwind Architectural Ltd announced that Viceroy Properties LLP had awarded them a contract for the supply and installation of aluminium systems, windows, and facades for their luxury project, "PRIVE," in Mumbai. The contract is valued at Rs 10.22 crores plus GST and is expected to be completed by February 2026. This domestic order is significant for Aluwind Architectural Ltd and aligns with their focus on providing high-quality architectural solutions for prestigious projects.
Aluwind Architectural Limited, established in 2003, is a prominent manufacturer and installer of various aluminium products. The company has a strong presence in the Indian market, with operations in major cities such as Mumbai, Pune, Bangalore, and Hyderabad. Their manufacturing facility in Pune spans 45,000 square feet, enabling them to produce high-quality products like windows, doors, curtain walls, cladding, and glazing systems.
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With a diverse client base that includes builders, developers, PMCs, architects, and institutional clients, Aluwind has successfully secured large-scale projects through competitive bidding, often partnering with renowned real estate giants like L&T and Birla. Their strategic partnership with Eternia, a leading product line from Hindalco, further strengthens their market position and distribution network in the MMRDA region.
On Friday, shares of Aluwind Architectural Ltd plunged 2.83 per cent to Rs 67 per share with an intraday high of Rs 68.45 and an intraday low of Rs 66 per share from its previous closing of Rs 68.95 per share. The shares of the company have an ROE of 36 per cent and an ROCE of 36 per cent. The company has a market cap of Rs 166 crore and stock is up by 70 per cent from its 52-week low of Rs 39.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.