Low PE Stock below Rs 50: This small-cap company received a purchase order worth Rs 7,68,16,800!

The stock has a PE of 13.23x whereas the industry PE is 22.5x.

Maestros Electronics & Telecommunications Systems informed that it has received one Purchase Order (PO) from Medical Health and Family Welfare Department Uttar Pradesh; a State PSU worth Rs 7,68,16,800. The PO includes delivery of 1,362 units of Product named METSL 1 channels TFT Preconfigured / Non-Modular Multipara Monitor – Low End. The order is to be executed by Saturday, May 13, 2023.   

Today, shares of Maestros Electronics & Telecommunications Systems plunged 2.17 per cent to Rs 45 per share from its previous closing of Rs 46 with an intraday high of Rs 48.89 and a low of Rs 43.25. The stock has a 52-week high of Rs 72.40 and a 52-week low of Rs 40.10.  

Maestros Electronics & Telecommunications Systems Ltd is a company that designs, develops and manufactures products and services for financial inclusion, cardiology, gynecology, critical care patient and disease management in medicine. Today, shares of the company saw a spurt in volume by more than 1.33 times on BSE.  

Talking about the financials, this capital goods company has a market cap of Rs 24.80 crore. The company reported positive numbers in Quarterly Results and annual results. In Q2FY23, net sales rose by 56.50 per cent to Rs 4.46 crore compared to 2.85 crore in Q3FY22. The stock has a PE of 13.23x whereas the industry PE is 22.5x. Investors should keep an eye on this Small-Cap stock.