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According to the financials, the company have a market cap of over Rs 400 crore with a 3-year CAGR of 173 per cent. The company reported fantastic numbers in its quarterly results and annual results. The stock had a ROE of 24 per cent and a ROCE of 26 per cent.

Evans Electric Ltd has evolved into a brand name known throughout the country for specialising in Heavy Electro-Mechanical Repairs and services spanning every make, size and capacity of electrical machine since its incorporation shortly after India's independence.  

At the closing bell, shares of the company ended the day in green, up 2.16 per cent to Rs 425.20 per share. The shares of the company saw a spurt in volume by more than 1.68 times on BSE.

Throughout the year, the company secured orders worth Rs 1,125.22 crore, resulting in an order book closure of Rs 2,522 crore as of March 31, 2023. The current order book stands at approximately Rs 2,650 crore. Notably, the order inflow for the fourth quarter ended March 31, 2023, reached Rs 692.72 crore, showcasing exponential growth compared to the preceding quarter.

Moreover, the stock has given multibagger returns of more than 220 per cent in just 3 years