The stock gave multibagger returns of over 100 per cent in just 6 months, 270 per cent in just 1 year and a whopping 950 per cent in 5 years.

Turnaround small-cap company: The company’s profits surged by 2,300 per cent in Q4 FY24.

Shares of the company gained more than 110 per cent in the last six months.

FIIs increased their stake by over 2.5 times in the March quarter of FY24. Stock delivered a whooping 360 per cent in just 1 year.

The company's shares have delivered an impressive return of around 280 per cent to their shareholders in just 1 year.

Shares of the company gained more than 40 per cent in the last six months.

Underlining its financial prudence, the company has not only met but exceeded its debt obligations, with a repayment of Rs 3,371 Crores (including principal and interest) by June 30, 2023. Post-restructuring, the total secured external debt outstanding (principal) stands reduced to Rs 1,125 Crores.

The company's consolidated quarterly results showed net sales of Rs 847 crore and a net loss of Rs 549 crore. However, the company's standalone quarterly results showed net sales of Rs 847 crore and a net profit of Rs 42 crore. The shares of the company have a PE of 10.25x whereas the industry PE is 34.3x.

The company’s operational performance remains strong with average EBITDA exceeding Rs 1,000 crore per annum since commissioning over the last 8 years. 1,350 MW Amravati Power Plant has full PPA with Maharashtra discom MSEDCL and full coal linkage with Coal India subsidiary South Eastern Coalfields Limited.