Rs 2,276 crore order book: This multibagger civil construction company bags huge orders from South Eastern Railway!

Shares of the company grew by more than 30 per cent in the last six months.

GPT Infraprojects Limited informed in the exchange filing that it had secured new orders of Rs 64 crores. The new order is received from Principal Materials Manager, South Eastern Railway, Garden Reach, Kolkata. The order involves a contract for manufacturing and supply of a Mono-Block Pre-Stressed Concrete Sleeper confirmed to RDSO.  

GPT Infraprojects Limited, the flagship company of GPT Group, is a premier infrastructure company based out of Kolkata. GPT, incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments– Infrastructure and Sleeper.

Today, the stock opened at Rs 71.50, with a high and low of Rs 71.50 and Rs 70.00. Currently, the stock is trading at Rs 70.00.

In the last six months, the shares of the company have given about 35 per cent returns, and in the last 1 year, the stock has given about 70 per cent returns. While in the last three years, the stock has gained more than 400 per cent.

The stock has a 52-week high of Rs 73.40 and a 52-week low of Rs 40.25. The company has a ROCE of 14.2 per cent and an ROE of 11.1 per cent with a market capitalisation of Rs 416 crore. 

The company has an order book of more than Rs 2,276 crore, which represents almost 2.81x its FY-2023 revenues, providing strong visibility. And investors should keep a close eye on this stock.