Rs 4,717 Crore Order Book: Civil Construction Company Bags New Orders Worth Rs 160,86,00,000 From Office Of The DYCE-C-II-JP-ENGINEERING, NWR, Jaipur Rajasthan
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 141.35 per share.
Vishnu Prakash R Punglia Limited announced the award of a new project by the Office of the DYCE-C-II-JP-ENGINEERING, NWR, Jaipur, Rajasthan. The project, titled "Earthwork in filling/cutting in formation, Blanketing, construction of station building including electrical and S&T structures, Passengers/ goods platforms, Platform shelters, Foot over bridges, Passenger amenities work, S&T structures, staff quarters, LHS /RUBs, Minor Bridges, Retaining walls, Toe wall, pitching work and all other ancillary works between Jaipur-Chaksu stations from Km 131.270 to Km 87.60 in connection with Jaipur- SawaiMadhopur Doubling Project," is a significant milestone for the company.
After a rigorous tender process, Vishnu Prakash R Punglia Limited has been selected as the preferred contractor to undertake this crucial project. The tender is valued at Rs 160.86 crore and work closely with NWR Jaipur to successfully deliver this project.
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About the Company
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 June 30, 2023, the company’s order book stands at Rs 4,717 crore.
On Friday, shares of Vishnu Prakash R Punglia Ltd gained 4.75 per cent to Rs 283.25 per share from its previous closing of Rs 270.40. The stock’s 52-week high is Rs 297 per share and its 52-week low is Rs 141.35. The company has a market cap of Rs 3,459 crore and has delivered good profit growth of 58.5 per cent CAGR over the last 5 years. The shares of the company have an ROE of 25 per cent and an ROCE of 20 per cent. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 141.35 per share. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.