Rs 3,408 crore order book: This multibagger civil construction company receives order worth Rs 369 crore from DLF Home Developers Ltd!

The stock is up by 80 per cent in just 1 year and gave multibagger returns of over 650 per cent in 3 years.

On Wednesday, shares of B.L. Kashyap Ltd surged 4.73 per cent to an intraday high of Rs 46.86 per share from its previous closing of Rs 44.73. At the closing bell, shares of the company ended the day in green, up 0.16 per cent to Rs 44.80 per share. The shares of the company saw a spurt in volume by more than 1.07 times on BSE.

B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading civil engineering and construction company, has received an order worth Rs 369 crore from DLF Home Developers Limited. The order includes civil structure & waterproofing works for DLF The Arbour, Sector 63, Gurugram and will be completed within 33 months from the letter of intent.

The order book as of March 31, 2023 stands at Rs 2,522 crore. In the current financial year, the company received 886 crore orders including the above order from various clients across India. With this, the company's current order book stands at Rs 3,408 crore.

These orders encompassed various segments such as railways, business parks, educational institutions, and residential complexes. With the strong execution of the existing order book and the robust momentum in the construction and infrastructure sector, the company anticipates continued growth. The significant influx of projects serves as evidence for this positive outlook.

The stock is up by 80 per cent in just 1 year and gave multibagger returns of over 650 per cent in 3 years. The shares of the company have a PE of 19x whereas the sectoral PE is 38x. Investors should keep an eye on this Small-Cap stock.

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