Rs 18,824.43 crore order book: This multibagger civil construction company receives order worth Rs 426.57 crore; stock hits 52-week high!

The stock is up by 104 per cent in 2 years and generated multibagger returns of 237 per cent in 3 years.

On Tuesday, one of the Top Gainers on BSE, shares of Ahluwalia Contracts (India) Limited jumped 9.80 per cent to make a new 52-week high of Rs 643.95 per share from its previous closing of Rs586.45 per share. The share of the company saw a spurt in volume by more than 3 times on BSE.

Ahluwalia Contracts (India) Limited, a leading EPC company in India, informed that has secured an order for the construction of civil, Structure and external development work for the retail block at plot no. LP-1B-02 at DIAL II, Aerocity, New Delhi worth Rs 426.57 crore.

The order inflow during the current FY 2023-24 stands at Rs.4177.83 crore to date. Order Book Update: The company have an order book of Rs 14,464.60 crore as of March 31, 2023. The total order book to date stands at Rs 18,824.43 crore.  

According to the quarterly consolidated results, the net sales increased by 18.09 per cent, the operating profit increased by 59.02 per cent and the net profit skyrocketed by 70.46 per cent in Q4FY23 over Q4FY22. The EPS for Q4FY23 stood at Rs 10.77. According to the annual consolidated results, the net sales increased by 5.42 per cent, the operating profit increased by 16.78 per cent and the net profit skyrocketed by 25.06 per cent in FY23 over FY22. The EPS for Q4FY23 stood at Rs 28.96.

The shares of the company have a PE of 20.23x, a ROE of 17.43 per cent and a ROCE of 25 per cent. The stock is up by 103 per cent in 2 years and generated multibagger returns of 237 per cent in 3 years. Investors should keep an eye on this small-cap stock under their watchlist.