1:1 bonus share & Rs 3,669 crore order book: Multibagger civil construction company announces positive quarterly results with order inflow of Rs 812 crore during Q1
The stock gave multibagger returns of 320 per cent in just 1 year and a whopping 1,600 per cent in 5 years.
On Thursday, shares of GPT Infraprojects Ltd plunged 1.34 per cent to Rs 166 per share from its previous closing of Rs 168.25. The stock’s 52-week high is Rs 207 and its 52-week low of Rs 35.32. The shares of the company saw a spurt in volume by more than 1.01 times on BSE.
Established in 1980, GPT Infraprojects Limited, the leading infrastructure arm of Kolkata-based GPT Group, is a prominent player in both railway-focused civil and infrastructure projects (including bridges and ROBs) and concrete sleeper manufacturing for railways in India and Africa (with units in South Africa, Namibia, and Ghana). GPT stands out for its strong project execution capabilities, financial stability, and promising growth across its operations.
According to Quarterly Results, the net sales increased by 2.5 per cent to Rs 241.73 crore and net profit increased by 30.1 per cent to Rs 16.22 crore in Q1FY25 over Q1FY24 while in its annual results, the net sales increased by 25.9 per cent to Rs 1,018.28 crore and net profit increased by 98.1 per cent to Rs 56.52 crore in FY24 over FY23.
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The outstanding order book for the company now stands at approximately Rs 3,669 crore with a total order inflow for Fiscal 2025 of Rs 812 crore. Furthermore, shares of the company ex-traded bonus issue in the ratio 1:1 i.e., 1 equity share of Rs 10 each for every 1 equity share of Rs 10 each held by the shareholders. The ex-record date for bonus shares was Wednesday, July 03, 2024.
The company has a market cap of Rs 1,931 crore. The stock gave multibagger returns of 320 per cent in just 1 year and a whopping 1,600 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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