Multibagger Microcap Construction Company Bags Order Worth Rs 1,78,77,000 – Complete Details Inside!
The company’s shares have delivered a multibagger return of over 240 per cent in just 1 year.
Incorporated in 2017, This micro-cap construction company specializes in the development, maintenance, and operation of airports and related businesses.
Abhishek Integrations Limited (AIL) has received the Letter of Award (LOA) for the project titled "Two Shift Operation, Technical Assistance in Operation & Maintenance Contract of Various Shops of CDM & TMU and Maintenance of Machines & Auxiliary Systems Installed at CDM & TMU, BARC, Trombay, Mumbai-400085." The total contract value is Rs 1,78,77,000.
Currently, the shares of Abhishek Integrations Ltd are at around Rs 101 per share on the NSE. The company’s current market capitalization stands at Rs 60.82 crore. Additionally, the company’s shares have delivered a return of over 240 per cent in the past 1 year.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Read Turnaround Story: Company Secures International Orders Worth USD 3,02,000 Across Europe & Middle East – Q1 FY25 Profits Surged by 900 Per cent!
The company does not announce Quarterly Results; however, according to the half-yearly results, in the March FY24, Abhishek Integrations Ltd recorded a revenue of Rs 14.59 crore compared to Rs 13.76 crore. The operating profit stood at Rs 1.01 crore. The net profit stood at Rs 0.50 crore compared to a profit of Rs 0.34 crore. Looking at the annual performance, the company generated a revenue of Rs 25.45 crore in FY24. The operating profit for FY24 was Rs 1.75 crore with a net profit of Rs 0.77 crore compared to a net profit of Rs 0.67 crore in FY23.
Check out my recent article here.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Stock Under Rs 50: Microcap Company Bags Order Worth Rs 75,26,635 from Kotak Mahindra Life Insurance Company!
-
Under Rs 100: Microcap Multibagger Construction Company Bags Order Worth Rs 2,69,41,000 – Complete Details Inside!
-
Fire hydrant & fire alarm system company bags new order worth Rs 165.59 lakh at Visakhapatnam Airport
-
Microcap Multibagger Construction Company Secures L-1 Rank for Rs 5,36,62,000 Annual Maintenance Contract at B.P.I Airport; Stock Hits Upper Circuit Today
-
Penny Stock Under Rs 40: Company Secures Orders Worth Rs 4,71,11,758 from Multiple Clients!