Rs 49,146 Million Order Book: RVNL Peer Company Surges Over 10 Per cent, Hits All-Time High with Heavy Volumes

The company’s shares have gained around 100 per cent in the past 6 months.

This Small-Cap company is one of India's fastest-growing infrastructure development companies. Incorporated in 1986, it is engaged in designing and constructing infrastructure projects for the central and state governments, autonomous bodies, and private entities across nine states and one union territory in India. The company’s stock rallied over 10 per cent and hit all-time price today with good volumes. 

At the start of the day's trading session, the share of Vishnu Prakash R Punglia Ltd opened at Rs 285.95 per share, compared to the previous day's closing figure of Rs 285.20 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 318.10 per share. The stock has hit its all-time level, reflecting strong demand in the market. The company's current market capitalization stands at Rs 3,964.93 crore, and the stock has generated an impressive multibagger return of around 100 per cent in the past 6 months.

Recent Work Order

On October 10, 2024, Vishnu Prakash R Punglia Ltd announced that it had been awarded a project from the Office of DYCE-C-II-JP-ENGINEERING, NWR, Jaipur. The contract, valued at Rs 1,608.60 million, involves earthwork, station construction, platforms, passenger amenities, foot overbridges, minor bridges, and more between Jaipur and Chaksu as part of the Jaipur-Sawai Madhopur Doubling Project.

Financial Performance

As per the Quarterly Results, in Q1FY25, Vishnu Prakash R Punglia Ltd recorded a revenue of Rs 257 crore. The operating profit for Q1FY25 stood at Rs 34 crore. The net profit for the period was Rs 15 crore compared to Rs 16 crore. Looking at the annual performance, the company generated a revenue of Rs 1474 crore in FY24, compared to Rs 1168 crore in FY23. The operating profit for FY24 was Rs 210 crore with a net profit of Rs 122 crore compared to Rs 91 crore.

According to the shareholding pattern of Vishnu Prakash R Punglia Ltd, promoters own a 67.81 per cent stake, while public investors hold 27.02 per cent. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 1.08 per cent and 4.08 per cent stakes, respectively.

Investors must keep this small-cap stock on their radar.

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