5:1 Stock Split: Renowned Cricketer Suryakumar Yadav Debuts by Investing in This Small-Cap Multibagger EPC Company – Do You Own It?
The company’s shares have delivered a multibagger return of over 750 per cent in just 1 year.
The Small-Cap company offers engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services to companies in the telecom and solar energy sectors.
Recently, Bondada Engineering Limited has successfully raised approximately Rs 185 crore via a preferential issue, approving the allotment of up to 31,25,448 equity shares at Rs 591.90 per share. Notably, acclaimed Indian cricketer Suryakumar Yadav (SKY) is among the proposed allottees, having applied for 17,000 shares in this issuance.
Currently, the shares of Bondada Engineering Limited are at around Rs 698 per share. The company’s current market capitalization stands at Rs 7,539 crore. Additionally, the shares have delivered a multibagger returns of over 750 per cent in just a year.
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Read Defence Engineering Company Secures Rs 136 Crore Ministry of Defence Contract for 8x8 High Mobility Vehicles
The company doesn’t announce Quarterly Results and as per half-yearly results in Sep 2024, Bondada Engineering Limited recorded a revenue of Rs 481 crore from Rs 296 crore. The operating profit stood at Rs 54 crore. The net profit stood at Rs 36 crore compared to a profit of Rs 15 crore last year same period. Looking at the annual performance, the company generated a revenue of Rs 801 crore in FY24. The operating profit for FY24 was Rs 68 crore with a net profit of Rs 46 crore compared to a net profit of Rs 17 crore in FY23.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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