EPC Company Receives New Order Worth Rs 176,09,72,402.81 From Indira Gandhi National Centre for the Arts, Ministry of Culture

The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 112 per share.

E Factor Experiences Limited announces that it has been awarded a contract in consortium with Eco First Services Limited, a subsidiary of TATA Consulting Engineers Limited, by the Indira Gandhi National Centre for the Arts, Ministry of Culture, Janpath Building New Delhi -110001; A Government Entity in India. The contract entails the engineering, procurement, and construction of the Indian Pavilion at the World Expo 2025 in Osaka, Japan. The project is scheduled to be completed between September 24, 2024 and October 2025, with a total contract value of Rs 1,76,09,72,402.81 (inclusive of GST).

E Factor Experiences Limited, established in 2003, is a prominent Indian event management company specializing in crafting immersive experiences. Their services encompass a wide range of events, from grand government tourism festivals to intimate weddings and anniversaries. With offices in Delhi, Noida, Jaipur, and Odisha, the company boasts a team of 32 dedicated professionals. Their portfolio includes notable projects like Eco Retreat in Odisha, DotFest in Bhubaneswar, and the captivating Laser Show & Fireworks at Deepotsav. Additionally, E Factor Experiences has ventured into experiential tourism with its "Sky Waltz" brand, offering hot air ballooning and yachting adventures in various locations across India.

The company has a market cap of Rs 324.5 crore and has delivered good profit growth of 93.9 per cent CAGR over the last 5 years. The shares of the company have an ROE of 50 per cent and an ROCE of 59 per cent. On Wednesday, shares of E Factor Experiences Limited gained 5.48 per cent and made a new 52-week high of Rs 276 per share from its previous closing of Rs 261.65 per share. The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 112 per share.

Disclaimer: The article is for informational purposes only and not investment advice. 

Also Read: Ashish Kacholia bought 10,45,750 shares of this multibagger penny stock under Rs 70; Scrip hit 10 per cent upper circuit on September 11