Rs 3,241 Crore Order Book: Multibagger Small-Cap Infra Company Secures Multiple Orders Worth Rs 318.63 Crore – Stock Hits Upper Circuit Today!
The company’s shares have delivered an impressive return of over 380 per cent in the past 2 years.
This Small-Cap company specializing in construction across various infrastructure sectors, including roads, buildings, industrial structures, power, irrigation, and waste management has bagged orders.
As per the press release, R.P.P Infra Projects Ltd has secured new orders worth Rs 318.63 crore. The company received a letter of acceptance for two major projects in Maharashtra:
- Construction of a concrete pavement road, including the reconstruction and widening of bridges and culverts for the Alibag Bypass Road, valued at Rs 201.94 crore (including GST).
- Improvement of the Pachorowadi-Shewale-Satgaon Road, valued at Rs 116.69 crore (including GST).
As of October 8, 2024, the company holds a strong order book worth Rs 3,240.63 crore.
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Today, the company’s shares rallied and hit the upper circuit, and finally closed at around Rs 177.55 and the current market capitalization stands at Rs 676.12 crore. Additionally, the shares have delivered an impressive multibagger return of over 115 per cent in the past 1 year only.
As per the Quarterly Results, in the Q1 FY25, R.P.P Infra Projects Ltd recorded a revenue of Rs 340 crore compared to Rs 243 crore. It reported an operating profit of Rs 24 crore. The net profit stood at Rs 16 crore compared to Rs 10 crore. Looking at the annual performance, the company generated a revenue of Rs 1353 crore in FY24 compared to Rs 1040 crore. The operating profit for FY24 was Rs 65 crore with a net profit of Rs 57 crore compared to a profit of Rs 29 crore in FY23.
Disclaimer: The article is for informational purposes only and not investment advice.