Rs 1,210 crore order book: This multibagger civil construction bags new order worth Rs 59.84 crore from National Highway & Infrastructure Development Corporation of India

The stock gave multibagger returns of 120 per cent in just 1 year and a whopping 375 per cent in 3 years.

Brahmaputra Infrastructure Ltd signed an agreement with the National Highway & Infrastructure Development Corporation of India (NHIDCL) for Rs 59.84 crore to rehabilitate and upgrade an 11.21 km stretch of road from Kailashahar to Kurti Bridge on NH-208A in Tripura. This EPC (Engineering, Procurement & Construction) mode project will involve turning the existing road into a two-lane highway with paved shoulders, following the terms and conditions set by NHIDCL, a domestic government body.

Earlier, the company was awarded a contract worth Rs 50.80 crore by the National Highway Authority of India (NHAI) to build a four-lane divided carriageway road with paved shoulders in the state of Assam. The project involves two sections: one on NH-36 from kilometre 5.50 to kilometre 35.86 and another on NH-54 from kilometre 0.00 to kilometre 22.00, including the construction of a 2.11-kilometre Doboka Bypass. The agreement uses the Engineering, Procurement and Construction (EPC) mode, meaning Brahmaputra Infrastructure will be responsible for the design, sourcing of materials, and construction of the entire project.  

Also Read: Rs 85,000 crore order book: Multibagger railway infra company emerges as lowest bidder (L1) for an order worth Rs 191,53,74,279.51 from South Eastern Railway

Founded in 1998, Brahmaputra Infrastructure Ltd. (BIL) is a versatile construction company with a strong foothold in diverse infrastructure sectors. BIL thrives in the EPC & Real Estate Development Business, undertaking projects ranging from the construction of bridges, flyovers, and highways to airports, buildings, tunnels, and even mining projects. They have successfully developed and managed the largest shopping mall in Northeast India, showcasing their expertise in large-scale infrastructure projects.

The company has a market cap of over Rs 250 crore and has an order book of Rs 1,210 crore along with its Joint operations as of June 21, 2024. The stock gave multibagger returns of 120 per cent in just 1 year and a whopping 375 per cent in 3 years. Investors should keep an eye on this micro-cap civil construction stock.

Disclaimer: The article is for informational purposes only and not investment advice.