Under Rs 100: Micro-cap Railway Infra Company Secures Rs 643.88 Million Order Under RVNL – Stock Surges 5 Per cent and Hits Upper Circuit Today!
The company’s shares have delivered an impressive return of over 150 per cent in the past 2 years.
This micro-cap company has secured a contract for executing OHE, TSS, and SCADA work on the Araria-Thakurganj new line of N.F. Railway, under the Rail Vikas Nigam Limited project. The agreement involves the design, supply, erection, testing, and commissioning of 25KV, 50Hz, single-phase AC electrification for OHE and TSS, along with the installation of SCADA in the Araria-Thakurganj section, as part of the new Araria-Galgalia line project. The total value of this project stands at Rs. 643.88 million.
Following this announcement, BCPL Railway Infrastructure Ltd shares rallied around 5 per cent, hitting the upper circuit during the early morning session and currently at Rs 98.92 per share. The company’s market capitalization stands at Rs 165.43 crore. The stock has delivered a return of over 60 per cent in just one year.
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Incorporated in 1995, BCPL Railway Infrastructure Ltd executes Railway Electrification Projects, turnkey OHE projects, and other projects for railway and government entities. BCPL is involved in railway infrastructure development, including the design, drawing, supply, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. In FY22, it also ventured into the merchant export business, dealing in food products like maize, onions, oil cakes, and other commodities, exporting to countries such as Bangladesh.
As per the Quarterly Results, in the first quarter of FY25, BCPL Railway Infrastructure Ltd recorded a revenue of Rs 18.27 crore compared to Rs 19.83 crore. The operating profit for Q1FY25 stood at Rs 2.13 crore with a margin of 11.66 per cent. The net profit for the period was Rs 1.94 crore compared to Rs 1.73 crore. Looking at the annual performance, the company generated a revenue of Rs 87.93 crore in FY24, compared to Rs 122.79 crore in FY23. The operating profit for FY24 was Rs 7.60 crore, with a net profit of Rs 5.36 crore.
Disclaimer: The article is for informational purposes only and not investment advice.