Penny stock under Rs 40: This small-cap EPC company bags order worth Rs 141 crore!
Shares of the company have given about 7 per cent in today’s trade.
On April 12, 2023, BL Kashyap and Sons Limited informed in the exchange filing that the company has secured new order aggregating to Rs 141 crore from National High-Speed Rail Corporation Limited. The order involves the construction of training institute buildings at Vadodara. The order is to be completed in 24 months.
Earlier, on March 27, 2023, the company secured another order worth Rs 313 crore from Railway Land Development Authority. The total order book of the company as of date stands at Rs 2522 crores.
BL Kashyap and Sons Ltd is an EPC company engaged in the business of Construction of buildings high-rise residential and commercial complexes, IT Parks, institutional buildings, etc.
Today, the stock opened at Rs 33.30, with a high and low of Rs 35.14 and Rs 33.30. The stock closed trading at Rs 35.14, up by 7.23 per cent.
In the last one year, the shares of the company have given more than 25 per cent returns and on a YTD basis, the stock has given about 9 per cent returns.
The stock has a 52-week high of Rs 38.30 and a 52-week low of Rs 16.85. The company has a ROCE of 9.65 per cent and an ROE of 4.54 per cent, with a market capitalisation of Rs 798 crore.