This small-cap railway infrastructure development company bags order worth Rs 254.71 million!

The order is expected to be executed over 18 months.

On February 22, 2023, BCPL Railway Infrastructure Ltd informed in the exchange filing that it has received an order from K-Ride “Rail Infrastructure Development Company (Karnataka) Limited”. 

This order has been received for the work of “25 KV AC, 50 Hz, Single Phase OHE for Doubling of Yeshvantpur - Banasawadi (29 Track Kilometre) incl. construction of Hebbal SP, Modification of Yeshvantpur SSP and Diversion of IR track for 6 nos LC elimination to construct Corridor-2 of BSRP.” The total project cost comprises Rs 254.71 million and it is expected to be executed in 18 months. 

BCPL Railway Infrastructure Ltd is engaged in the execution of Railway Electrification Projects, turnkey OHE projects and other projects for Railway as well as non-government parties.

Today, the stock opened at Rs 41.60, with a high and low of Rs 42.95 and Rs 41.60. The stock is currently trading at Rs 42.45, up by 0.95 per cent.   

In the last 6 months, the shares of the company have given more than 10 per cent returns. However, on a YTD basis, the stock declined about 12 per cent. 

The stock has a 52-week high of Rs 55 and a 52-week low of Rs 30.50. The company has a ROCE of 14.9 per cent and an ROE of 9.99 per cent, with a market capitalisation of Rs 70.3 crore.