Rs 3,523 Crore Order Book; Multibagger Small-cap Infra Company Bags Order Worth Rs 217.61 Crore – Stock Hits Upper Circuit Today!
The company’s shares have delivered an impressive return of over 440 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 secured a work order today.
R.P.P. Infra Projects Ltd has announced the receipt of a letter of acceptance for a new project aimed at improving the Kothore Digar Satana Malegaon Chalisgaon Pachora Shendurni Pahur Wakadi Road (SH-19), specifically from Km 183/600 to 219/200, located in the Jamner Taluka of Jalgaon district, Maharashtra. The total contract value for this project is Rs 217.61 crores, inclusive of GST.
In addition to this, the company has secured several other contracts throughout the year, resulting in a remarkable total work order of Rs 3,523.24 crores as of October 15, 2024.
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Today, the company’s shares rallied and hit the upper circuit today, and finally closed at around Rs 195.85 and the current market capitalization stands at Rs 745.81 crore. Additionally, the shares have delivered an impressive multibagger return of over 150 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.