Multibagger Civil Engineering Stock To Keep Under Radar As Continuous Orders Drives Company’s Order Book to New Heights, Surpassing Rs 4,898 Crore
The stock gave multibagger returns of 650 per cent from its 52-week low of Rs 121 per share.
RBM Infracon Limited, a prominent player in engineering and infrastructure, has secured four new orders, collectively valued at Rs 14.77 crore. These contracts, awarded by esteemed clients like Nayara Energy Limited and Reliance Industries Limited, further enhance the company's order book, which now surpasses Rs4,898 crore.
The newly acquired orders encompass a diverse range of services, including LPG & Hydrogen Sphere M&I, CPP Boiler Bank & Water wall tubes replacement, UG piping fabrication & laying, and cased crossing work. Nayara Energy Limited has entrusted RBM Infracon with two of these projects, while Reliance Industries Limited and Kalpataru Projects Limited have also awarded contracts to the company.
The growing order book, now exceeding Rs 4,898 crore, is a testament to RBM Infracon's strong market position, expertise in handling complex EPC projects, and unwavering commitment to delivering high-quality services and solutions. These new contracts will play a pivotal role in driving the company's growth and solidifying its position as a leading player in the engineering and infrastructure sectors.
About the Company
RBM Infracon Limited, a veteran in EPC contracts within Mechanical & Civil Engineering Construction Services, is dedicated to delivering comprehensive solutions across industries like refineries, jetties, petrochemicals, fertilizers, cement, power plants, and more. With over three decades of experience, the company is renowned for its quality, innovation, and client satisfaction. Headquartered in Jamnagar, Gujarat, with satellite offices in Ahmedabad and project sites nationwide, RBM Infracon leverages its strategic location, robust infrastructure, skilled workforce, and advanced technology to deliver timely and efficient solutions. Guided by the vision of "The Resonance of Excellence," the company strives for excellence that not only sets a benchmark but also leaves a lasting impact on the industry.
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RBM Infracon has successfully collaborated with industry giants such as Reliance Industries, Nayara Energy Limited, Afcons Infrastructure Ltd., Chemie-Tech-DORC-Nigeria, Chemie-Tech-Malta, GPPL- Malta, YARA Fertilizers, TATA Projects and L&T, demonstrating their capacity to deliver on large-scale projects.
The company has a market cap of over Rs 900 crore with an ROE of 20 per cent and an ROCE of 28 per cent. The stock gave multibagger returns of 650 per cent from its 52-week low of Rs 121 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.