Multibagger stock below Rs 30: This small-cap company wins orders worth Rs 158 crore

The stock gave 21.48 per cent returns in last 1 year and in the last 3 years, it returned over 429 per cent.

B.L. Kashyap and Sons Limited, one of the leading civil engineering and construction companies, have secured new orders from domestic unrelated clients aggregating to Rs. 158 crore approx., excluding GST.  

The order includes the construction of a business park campus at Bengaluru, worth Rs 89 crore and the construction of a residential complex at Bengaluru worth Rs 69 crore. Above stated projects are expected to be completed within 24 months from the date of the award. The current order book stands at Rs 2089 crore approx., excluding GST.  

B.L. Kashyap & Sons Ltd is an EPC company engaged in the business of construction of buildings, high-rise residential and commercial complexes, IT parks, institutional buildings, etc.  

The financials show that the market valuation of this construction company is Rs 632 crore. The company presented excellent numbers in quarterly and annual financial statements. The stock has a PE of 10.52x whereas the sectoral PE is 30.3x. The company has reduced its debt in the current financial year 2022-2023.  

The stock gave 21.48 per cent returns in last 1 year and in the last 3 years, it returned over 429 per cent. Today, the stock is up by 0.65 per cent to Rs 27.97 per share from its previous closing of Rs 27.79. Today, the shares of the company saw a spurt in volume by more than 6.83 times on BSE. Investors should keep an eye on this Small-Cap multibagger stock.