1,125 per cent return multibagger stock, secured orders from both HPCL and BPCL, also announced Stock Split
The stock has displayed remarkable performance, delivering an impressive 113 per cent return in a year and a multibagger 373 per cent return in the last three years
Surya Roshni Limited has announced in its latest exchange filing that the company has secured orders totaling Rs 171.16 crore (including GST), which comprises an order worth Rs 163.00 crore (including GST) from BPCL for the CGD Project spanning Pan India.
Additionally, another order worth Rs 8.16 crore (including GST) has been obtained from HPCL. This order is for the supply of 3LPE Coated Line Pipe, also intended for the CGD Project in West Bengal.
Furthermore, the company announced the stock split yesterday.
Check the related article: Surya Roshni Limited announced a stock split.
The company announced its June quarter results on August 11. Upon examining the company's financials, revenue from operations experienced an increase of 2 per cent YoY, going from Rs 1839 crore to Rs 1875 crore. The operating profit of the company increased from Rs 70 crore to Rs 114 crore, and the operating profit margin stood at 6 per cent.
The net profit of the company amounts to Rs 59 crore which grew significantly by 168 per cent YoY in the June quarter.
The company's return on capital employed (ROCE) and return on equity (ROE) are at 22.8 per cent and 19.7 per cent, respectively.
The stock closed on Friday at Rs 785.95 each on the BSE.
Keep a close eye on this trending stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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