Rs 3,467 crore order book: This civil construction company bags new orders worth Rs 116.56 crore from NW Railway!

The shares of the company have an ROE of 38 per cent and an ROCE of 34 per cent.

Vishnu Prakash R Punglia Limited informed that the company has received a Letter of Award (order) from the Office of Sr. Divisional Engineer/Co., DRM Office, NW Railway, Jodhpur, Rajasthan. The order includes FOB 12 M wide at Barmer, Degana, Merta Road, Balotra, Nokha, Ram Devra, Jalor, Sujangarh, Didwana, Nagaur, Gotan, Ren, Marwar Bhinmal & Phalodi Stations over IR tracks to provide end to end connectivity under Amrit Bharat station Scheme over Jodhpur Division. The order is worth Rs 116.56 crore.

Vishnu Prakash R Punglia Limited is one of India's fastest-growing infrastructure development companies. Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India. As of March 31, 2023, the company’s order book stands at Rs 3,467 crore.

Today, shares of Vishnu Prakash R Punglia Ltd plunged 2.08 per cent to Rs 214.30 per share with an intraday high of Rs 221.05 and an intraday low of Rs 213. The shares of the company saw a spurt in volume by more than 1.1 times on BSE. The company has a market cap of Rs 2,675 crore and has delivered good profit growth of 51.6 per cent CAGR over the last 5 years.

The shares of the company have an ROE of 38 per cent and an ROCE of 34 per cent. The stock is up by 50 per cent from its 52-week low of Rs 144 per share. Investors should keep an eye on this Small-Cap stock.