Rs 2,559.70 crore order book: Multibagger heavy electrical equipment stock to keep under radar as company reports a turnaround net profit in Q2FY25

The stock gave multibagger returns of over 150 per cent from its 52-week low of Rs 160 per share

GE Power India Limited (GEPIL) is a prominent player in India's power generation equipment market. The company has been instrumental in modernizing and expanding India's infrastructure, navigating complex economic and political landscapes. With a nationwide network of sales offices and workshops, GEPIL has a strong presence across the country. Its manufacturing facilities in Durgapur, West Bengal, and Noida contribute to its ability to deliver a comprehensive range of power generation solutions. GEPIL remains committed to providing sustainable, affordable, and reliable electricity, with a particular focus on emissions control and comprehensive service offerings.

Today, shares of GE Power India Ltd plunged 3.25 per cent to Rs 397.90 per share with an intraday high of Rs 410.4 and an intraday low of Rs 394.15. The stock’s 52-week is 646.55 and its 52-week low is Rs 160.

According to Quarterly Results, the net sales decreased by 10 per cent to Rs 217.42 per cent in Q2FY25 compared to net sales of Rs 240.72 per cent in Q2FY24. The company reported net profit of Rs 65.99 crore in Q2FY25 compared to a net loss of Rs 61.99 crore in Q2FY25, an increase of 206 per cent. In H1FY25, the net sales decreased by 17 per cent to Rs 657.46 crore compared to net sales of Rs 777.78 crore in H1FY24. The company reported net profit of Rs 55.27 crore in H1FY25 compared to a net loss of Rs 198.31 crore in H1FY25, an increase of 128 per cent.

According to the shareholding pattern as of September 2024, the promoters own 68.58 per cent, FIIs own 0.43 per cent, DIIs own 2.80 per cent, Government own 0.39 per cent and rest 27.80 per cent is owned by general public. The company has a market cap of over Rs 2,500 crore and as of September 30, 2024, the company’s order book stands at Rs 2,559.70 crore. The stock gave multibagger returns of over 150 per cent from its 52-week low of Rs 160 per share and investors should keep an eye on this small-cap stock.

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