HDFC Bank-backed Multibagger Company Bags Order Worth Rs 1,32,00,000 From Kerala International Airport; DIIs Bought Shares for the First Time Ever!

The company’s shares have delivered an impressive return of over 100 per cent to its shareholders.

Incorporated in 2015, Anlon Technology Solutions Limited primarily provides engineering services. The company specializes in engineering systems built on automotive chassis and related areas, with a focus on airports, high-rise buildings, and refineries.

The company has received an order from TRV (Kerala) International Airport Limited for several services. The order includes custom clearance, DLP warranty services for the first five years, annual maintenance services for the subsequent five years, and local transportation of CFT deliveries to the site, including temporary permits and fuel costs. This order pertains to the provision of four Crash Fire Tenders (CFTs). The total value of the order is approximately Rs 1.32 crore, excluding GST.

Today shares of Anlon Technology Solutions Limited closed at around Rs 500 per share. The company’s current market capitalization stands at Rs 312.77 crore. The stock has delivered a multibagger return of over 100 per cent in the past 6 months only.

As per the Quarterly Results, in Q4 FY24, Anlon Technology Solutions Limited recorded a revenue of Rs 17.43 crore. The operating profit for Q4 FY24 stood at Rs 3.09 crore. The net profit for Q4 FY24 was Rs 2.30 crore. Looking at the annual performance, the company generated a revenue of Rs 35.02 crore in FY24. The operating profit for FY24 was Rs 6.32 crore with a net profit of Rs 4.52 crore.

According to the shareholding pattern, FIIs have increased their stake from 3.53 per cent to 6.29 per cent while DIIs have purchased a 6.02 per cent stake in the company for the first time ever.

Investors must keep this micro-cap stock on their radar.

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