Rs 2,572.68 crore order book and 150 per cent multibagger returns in less than one year: This civil construction stock bags new order worth Rs 14,112.14 Lakh!

Shares of the company gained more than 50 per cent in the last six months.

EMS Limited has secured a contract worth approximately Rs 14,112.14 Lakh from Uttarakhand Power Corporation Limited. This project focuses on developing and improving distribution infrastructure to reduce electricity losses in the EDC Dehradun rural circle. As part of this Revamped Reforms-based and Results-linked Distribution Sector Scheme, EMS Limited will be responsible for designing, supplying, installing, testing, and insuring the necessary plant and equipment. The company hold a 95 per cent share of the project, working alongside another joint venture partner. This win strengthens EMS Limited's position in the distribution sector and highlights their commitment to enhancing infrastructure and reducing energy loss.

The company also posted robust results in Q4FY24. The revenue of the company for Q4FY24 stood at Rs 245.26 crore which increased by 28.92 per cent YoY. The operating profit of the company stood at Rs 68.29 crore, while the PAT of the company stood at Rs 47.38 crore which increased by 32.29 per cent from FY23. The company has an order book of Rs 2,572.68 crore. The stock has also delivered multibagger returns of over 150 per cent in the last one year.

EMS Limited is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal. EMS provides complete, single-source services from engineering and design to construction and installation of water, wastewater and domestic waste treatment facilities.

The stock has shown impressive growth, and investors should keep a close eye on this stock.

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