Rs 1,150 crore order book: This multibagger civil construction bags new order worth Rs 50.80 crore from National Highway Authority of India
The stock gave multibagger returns of 165 per cent in just 1 year and a whopping 480 per cent in 3 years
Brahmaputra Infrastructure Ltd has been awarded a contract worth Rs. 50.80 crore by the National Highway Authority of India (NHAI) to build a four-lane divided carriageway road with paved shoulders in the state of Assam. The project involves two sections: one on NH-36 from kilometre 5.50 to kilometre 35.86 and another on NH-54 from kilometre 0.00 to kilometre 22.00, including the construction of a 2.11-kilometre Doboka Bypass. The agreement uses the Engineering, Procurement and Construction (EPC) mode, meaning Brahmaputra Infrastructure will be responsible for the design, sourcing of materials, and construction of the entire project.
Earlier, the company was awarded a substantial contract worth Rs 108.71 crore by the Chief Engineer Water Resource Department, Assam, to undertake two crucial riverbank protection projects in the state. The first project, valued at Rs 69.96 crore, will address riverbank erosion in Kamrup (Rural) district through a combination of underwater and above-water works in specific areas like Siminia, Makadhuj Area to Futuri, Dakhala (Kalitapara), and Guimara. The second project, worth Rs 38.75 crore, focuses on similar riverbank protection measures in Dibrugarh district, primarily around Nagakhelia and Chaulkhowa near the Bogibeel Bridge. Both projects encompass underwater and above-water interventions and will be executed adhering to all government regulations.
Also Read: Vijay Kedia gains Rs 12,06,05,760 from this multibagger engineering stock in just 1 day as the company reports a 197 per cent jump in net profit
Founded in 1998, Brahmaputra Infrastructure Ltd. (BIL) is a versatile construction company with a strong foothold in diverse infrastructure sectors. BIL thrives in the EPC & Real Estate Development Business, undertaking projects ranging from the construction of bridges, flyovers, and highways to airports, buildings, tunnels, and even mining projects. They have successfully developed and managed the largest shopping mall in Northeast India, showcasing their expertise in large-scale infrastructure projects. The company has a market cap of over Rs 250 crore and has an order book of Rs 1,150 crore along with its Joint operations as of May 30, 2024.
The shares of the company have a PE of 17x whereas the industry PE is 30.2x. The stock gave multibagger returns of 165 per cent in just 1 year and a whopping 480 per cent in 3 years. Investors should keep an eye on this micro-cap civil construction stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Related articles
-
Multibagger penny stock at Rs 70.3 and Rs 1,125 crore order book: This Civil Construction company bags new order worth Rs 50.80 crore from NHAI
-
Multibagger penny stock under Rs 50 & Rs 1015 crore order book: This civil construction company receives order worth Rs 98.57 crore from North Western Railways!
-
Rs 1,210 crore order book: This multibagger civil construction bags new order worth Rs 59.84 crore from National Highway & Infrastructure Development Corporation of India
-
20:119 Rights Issue & 1:1 Bonus Share: LIC-backed multibagger penny stock at Rs 3.92 – Company bags orders worth Rs 210 million for its Agro and Infra Business Segments
-
Rs 1,186.67 crore order book: This multibagger civil construction bags new order worth Rs 108.71 crore from Chief Engineer Water Resource Department
-
Multibagger penny stock at Rs 87 and Rs 1,186.67 crore order book: This civil construction company bags new orders worth Rs 69.96 crore from Water Resource Department
-
4:1 bonus shares & Rs 2,326 crore order book: This multibagger engineering company forms JV with RVNL & bags new order worth Rs 173,98,66,074.31 from MPPTCL
-
4:1 bonus shares & Rs 2,326 crore order book: This multibagger engineering company bags new orders worth Rs 1033,78,00,000 from TANGEDCO
-
Multibagger penny stock at Rs 22: This electrical equipment company bags new orders worth Rs 40,00,00,000 in West Bengal
-
Multibagger penny stock under Rs 100 & Rs 2,845 crore order book: This civil construction company bags new order worth Rs 416 crore from Capgemini Technology Services India Ltd!
-
Dilipkumar Lakhi's portfolio multibagger penny stock with Rs 169.2 crore order book: This iron & steel company receives new orders worth Rs 10,00,00,000 from a PSU company!
-
Rs 55,300 crore order book: This multibagger civil construction company receives new orders worth Rs 1,500 crore from National Cooperative Development Corporation!
-
Multibagger penny stock under Rs 60 and Rs 1,150 crore order book: Scrip hit back-to-back upper circuits; PAT zooms over 50 per cent!
-
Multibagger penny stock under Rs 70 with Rs 7,078 crore order book: This telecom infrastructure company receives fresh orders worth Rs 67 crore!
-
Multibagger penny stock below Rs 60 with Rs 1,440 crore order book: This small-cap engineering company bags new order worth Rs 364 crore from TANGEDCO!
-
Rs 3,200 crore order book & FIIs increase stake: This micro-cap civil construction company bags new orders worth Rs 133.48 crore from Rites and TWSDB!
-
Penny stock under Rs 10 with Rs 728.1 crore order book: This micro-cap construction company receives order worth Rs 53,00,00,000 from Gujarat Housing Board!
-
Multibagger penny stock under Rs 70 & Rs 270 crore order book: This micro-cap company receives orders worth Rs 16,64,16,496 from NHAI!
-
Penny stock under Rs 10 with Rs 728.1 crore order book: This micro-cap construction company receives order worth Rs 142.73 crore from Gujarat Housing Board!
-
Multibagger Penny stock under Rs 70 & Rs 270 crore order book: This micro-cap company receives order worth Rs 5,40,00,000 from National Highways Authority of India!