Low PE multibagger stock under Rs 50: This micro-cap civil construction company receives order worth Rs 98.57 crore from North Western Railways!
The shares of the company have a PE of 12.8x whereas the industry PE is 40.60x and gave multibagger returns of over 200 per cent in 2 years.
Brahmaputra Infrastructure Limited in one of its joint operations in the name of JCC INFRAPROJECTS & BIL joint venture has been declared L-1 bidder for a project worth Rs 98.57 crore by the Ajmer Division-Gati Shakti/North Western Railway for a new EPC project.
The order includes the provision of a 12-meter-wide foot-over bridge at Beawar, Sojat Road, Marwar Junction, Somesar, Mavli Jn, Falna, Jawai Bandh, Pindwara, Vijay Nagar, Bhilwara, Fateh Nagar, Kapasan, Rana Pratap Nagar & Dungarpur (14 Nos.) station over IR tracks to provide end to end connectivity under Amrit Bharat Station Scheme.
Brahmaputra Infrastructure Ltd is an infrastructure co involved in the business of EPC & real estate development business and handling various projects like the construction of bridges, flyovers, highways, airports, building construction, tunnel projects and mining projects. The company has a market cap of 140 crore
On Friday, shares of Brahmaputra Infrastructure plunged 1.91 per cent to Rs 48.30 per share with an intraday high of Rs 49.90 and an intraday low of Rs 47.51. The stock’s 52-week high is Rs 52.80 and its 52-week low is Rs 25.20.
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The shares of the company have a PE of 12.8x whereas the industry PE is 40.60x. The stock is up by 80 per cent in 1 year and gave multibagger returns of over 200 per cent in 2 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.