Power Infra Company Bags 2 Orders Worth Rs 18,71,50,436 for Construction of Transmission Line; Stock Hits Upper Circuit Today!

The company’s shares have delivered an impressive return of over 40 per cent in just 1 month only.

Founded in 2015, Kay Cee Energy and Infra Ltd specializes in the construction and commissioning of electricity transmission and distribution systems. The company handles engineering, procurement, and construction (EPC) projects for government entities, including Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL).

The company has secured two orders from Rajasthan Rajya Vidyut Prasaran Nigam. The first order is for the construction of a 132 kV S/C transmission line on a double-circuit tower. The second order is from the Palakkad Division-Engineering, Railway Divisional Office, Engineering Branch, for the provision of a side pathway. The approximate values of these work orders are Rs 14,72,29,931.95 (Rupees Fourteen Crores Seventy-Two Lakh Twenty-Nine Thousand Nine Hundred Thirty-One and Ninety-Five Paise) and Rs 3,99,20,505.52 (Rupees Three Crores Ninety-Nine Lakh Twenty Thousand Five Hundred and Five and Fifty-Two Paise), respectively.

Kay Cee Energy and Infra Ltd shares are at around Rs 371.10 per share. The company’s current market capitalization stands at Rs 406.73 crore. The stock has delivered a return of over 40 per cent in just 1 month.

As per the Quarterly Results, in the fourth quarter of FY24, Kay Cee Energy and Infra Ltd recorded a revenue of Rs 40.34 crore. The operating profit for Q4 FY24 stood at Rs 7.04 crore. The net profit for Q4 FY24 was Rs 3.76 crore. Looking at the annual performance, the company generated a revenue of Rs 64.47 crore in FY24, compared to Rs 61.09 crore in FY23. The operating profit for FY24 was Rs 12.50 crore with a net profit of Rs 6.55 crore.

According to the shareholding pattern, promoters own 70.26 per cent, while the remaining 1.41 per cent is owned by public investors. DIIs owns a 1.41 per cent stake in the company.

Investors must keep this Small-Cap stock on their radar.

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