Rs 5,000+ crore order book: Oil Equipment & Services Company Bags Multiple Orders Worth Rs 60,47,500 In Just 1 Day From Transrail Lighting Ltd

. The stock gave multibagger returns of 222 per cent from its 52-week low of Rs 269.55 per share.

RBM Infracon Limited has secured domestic service orders valued at Rs 60,47,500 from Transrail Lighting Ltd. The order, dated November 28, 2024, pertains to the SRVAPPROACHROADMK APPROACH ROAD project. The specific terms and conditions of the contract, including the exact scope of work and completion timeline, will be determined based on on-site requirements. This significant order underscores RBM Infracon's growing presence in the domestic market and its ability to secure substantial contracts.

Earlier, a work order was initially awarded in September 2024 by the Oil and Natural Gas Corporation (ONGC) for the Nandej Oil Field extraction project. The contract has been officially executed on 25th November 2024, and the company is now ready to commence operations. The company brings a multidisciplinary approach to the project, combining technical expertise, innovative technologies, and a proven track record in complex energy sector initiatives. Project Details: e Total Contract Value: Rs 3,498 crore e Contract Breakdown: Rs 3,371 crore for Crude oil Rs 127 crore for Gas at Nandej e Contract Duration: 15 years (180 months) from the effective date e Extendable up to: 5 years in the contract period.

About the Company

RBM Infracon Limited, a veteran in EPC contracts within Mechanical & Civil Engineering Construction Services, is dedicated to delivering comprehensive solutions across industries like refineries, jetties, petrochemicals, fertilizers, cement, power plants, and more. With over three decades of experience, the company is renowned for its quality, innovation, and client satisfaction.

Headquartered in Jamnagar, Gujarat, with satellite offices in Ahmedabad and project sites nationwide, RBM Infracon leverages its strategic location, robust infrastructure, skilled workforce, and advanced technology to deliver timely and efficient solutions. Guided by the vision of "The Resonance of Excellence," the company strives for excellence that not only sets a benchmark but also leaves a lasting impact on the industry. RBM Infracon has successfully collaborated with industry giants such as Reliance Industries, Nayara Energy Limited, Afcons Infrastructure Ltd, Chemie-Tech-DORC-Nigeria, Chemie-Tech-Malta, GPPL- Malta, YARA Fertilizers, TATA Projects and L&T, demonstrating their capacity to deliver on large-scale projects.

The company has a market cap of Rs 850 crore with an ROE of 20 per cent and an ROCE of 28 per cent. The company has an order book of over Rs 5,000 crore. The stock gave multibagger returns of 222 per cent from its 52-week low of Rs 269.55 per share. Investors should keep an eye on this micro-cap stock.

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