900 per cent returns in this low PE multibagger stock at Rs 102; Company bags new order worth Rs 27.39 crore from Gujarat Electricity Board
The stock gave multibagger returns of 449 per cent from its 52-week low of Rs 18.51 per share and a whopping 900 per cent in 3 years.
Alfa Transformers Limited manufactures small distribution transformers and offers related technical assistance and services. The company has bagged new orders worth Rs 27.39 crore from the Gujarat Electricity Board (PGVCL, MGVCL, UGVCL). The order includes the design, manufacturing and supply of 10 KVA 4,994 Nos of transformers from the Vadodara plant. The order is to be executed within 7 months.
Earlier, the company received a purchase order worth Rs 76.70 lakh from Regard Network Solution Private Limited. The order includes the design, manufacturing, supply and installation of 2.0 MVA, 33/0.433KV ONAN, and Dyn 11 transformers from the Bhubaneswar plant. The order is to be executed within 30 days.
Today, shares of Alfa Transformers Limited were locked in a 5 per cent upper circuit to Rs 101.59 per share from its previous closing of Rs 96.76. The stock’s 52-week high is Rs 121.40 per share and its 52-week is Rs 18.51 per share. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.
The company has a market cap of Rs 92.96 crore. The stock trades at a low PE of 12x and has a high ROE of 43 per cent. According to Quarterly Results, the company reported net sales of Rs 13.37 crore and net profit of Rs 0.22 crore in Q3FY24. In its annual results, the net sales increased by 200 per cent to Rs 28.88 crore and net profit increased by 125 per cent to Rs 1.01 crore in FY23 compared to FY22.
The stock gave multibagger returns of 449 per cent from its 52-week low of Rs 18.51 per share and a whopping 900 per cent in 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
Related articles
-
Multibagger penny stock under Rs 85: This electrical equipment company bags new orders worth Rs 7,40,00,000 from L&T, Tata Power and other clients!
-
Multibagger stock at Rs 109: This micro-cap company bags new orders worth Rs 104.25 crore from TATA Projects Ltd and Fleet Maintenance Unit
-
Ashish Kacholia-backed multibagger penny stock bags new orders worth Rs 305 crore from Torrent PowerGrid Ltd and Oman, UAE – Scrip hit upper circuit & 52-week high!
-
400 per cent returns: This multibagger cable manufacturing company bags new orders worth Rs 15,52,00,000 from Dakshni Haryana Bijli Vitran Nigam Ltd!
-
840 per cent returns: Heavy buying in this multibagger aerospace & defence; hit upper circuit and bags new orders from Ministry of Defence!
-
Multibagger from its 52-week low: This telecom services company receives order worth Rs 25,00,00,000 from RailTel Corporation of India Ltd!
-
50 per cent from its 52-week low: This micro-cap company receives an order worth Rs 9,00,000 from Hindustan Petroleum Corporation Ltd; scrip hit upper circuit!
-
Multibagger penny stock below Rs 30: This micro-cap company bags new orders worth Rs 78,70,000 from Government of West Bengal!
-
Mukul Agrawal bought 34,00,000 shares of this multibagger rail infrastructure company with Rs 1,500 crore order book, scrip hit upper circuit & 52-week high!
-
Upper Circuit Alert: Heavy buying in this small-cap stock as the company signs MoU with Indian Oil Corporation Ltd; know more here!
-
1,500 per cent returns & FIIs increase stake: This multibagger power generation company receives new order for 464.10-MW from NTPC & Indian Oil!
-
Multibagger in just 6 months & promoters increase stake; Stock hit upper circuits & 52-week highs as company bags new order from a PSU company & announce stock split!
-
Multibagger penny stock under Rs 50: This construction company receives new order worth Rs 230 crore for redevelopment project in Mumbai!
-
444 per cent returns & 52-week high alert: This multibagger cable manufacturing company bags new orders worth Rs 60,00,000 from Purvanchal Vidyut Vitran Nigam Ltd
-
Vijay Kedia gains Rs 3,52,12,500 & Dolly Khanna gains Rs 4,53,57,221 from this multibagger stock in just 1 day; Company receives multi-year orders worth Rs 580 crore!
-
Back-to-back upper circuits: Heavy buying witnessed in this multibagger penny stock; Company bags orders from Indian Railways!
-
428 per cent jump in net profit in this penny stock: This micro-cap IT company bags new order worth Rs 1,44,00,000 from Office of Chief Electoral Officer, Maharashtra!
-
Rs 17,000 crore order book: This multibagger smart prepaid meters manufacturing company bags new order worth Rs 3,121.42 crore from State Electricity Boards!
-
Rs 13,31,32,972 orders from Indian Railways: This multibagger penny stock gains 250 per cent returns in just 6 months; hit back-to-back upper circuits & 52-week highs!
-
Multibagger penny stock under Rs 70: This micro-cap company receives an order worth Rs 8.50 crore from Salcomp Technologies Pvt Ltd!