Low PE stock below Rs 50: This micro-cap company receives order worth Rs 1.25 crore!
The stock has a PE of 18.10x whereas the sectoral PE is 31.10x and gave 67.05 per cent returns in just 3 months.
DMR Hydroengineering & Infrastructures Ltd informed the exchange (BSE Script Code: 543410) that the company has received a work order for providing a 400 KV double circuit transmission line between the powerhouse site of OJU-II to the Daporijo Pooling Station and 132 KV construction power transmission line between Nacho to Oju Project Site, located in Upper Subansiri, District of Arunachal Pradesh.
The order, worth Rs 1.25 crore, was obtained from OJU Subansiri Hydro Power Corporation Private Limited and will be completed in 12 months.
On Friday, shares of DMR Hydroengineering & Infrastructures Ltd plunged 5 per cent to Rs 38.42 per share. The stock has a 52-week high of Rs 45 and a 52-week low of Rs 20.40.
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DMR Hydroengineering & Infrastructures is engaged in providing engineering consultancy and due diligence services to hydropower, dams, roads, and railway tunnels.
According to the financials, DMR has a market cap of Rs 14.32 crore with a 1-year CAGR of 41 per cent. The net sales increased by 23.82 per cent and the net profit increased by 12.81 per cent in FY23 over FY22.
The stock has a PE of 18.10x whereas the sectoral PE is 31.10x and gave 67.05 per cent returns in just 3 months. Investors should keep an eye on this micro-cap stock.
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