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