Company has secured a large order from Aditya Birla Group company for the construction of an 850 KTPA (kilo tonne per annum) greenfield alumina refinery plant in Odisha.

Renowned investor Dhiraj Kumar Lohia’s hold 1.01 per cent  stake in the company. 

The stock gave multibagger returns of 300 per cent in 1 year, 1,840 per cent in 3 years and a whopping 3,400 per cent in a decade.

The company is expected to report good quarterly results in Q4 FY24. The current dividend payout ratio stands at 5.86 per cent

GE T&D is the listed entity of GE’s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting and evacuating power from generation sources onto the grid.

Company expertise in constructing bridges and highways makes them well-positioned to deliver this project successfully. The company's track record of on-time completion and quality construction inspires confidence in the timely realization of this exciting project.

The stock has an ROE of 84.4 per cent and an ROCE of 63 per cent.

The stock was recently listed on the exchanges on October 03, 2023 (BSE: 543994 NSE: JSWINFRA) at Rs 157.30 per share and till today’s closing, the stock is up by 29 per cent.

The stock is up by 60 per cent in 1 year and gave multibagger returns of 1,180 per cent in 2 years.

GE T&D India Ltd's Strong Market Position , Ability to Deliver Quality Products and Receipt of Orders from PGC

The stock gave multibagger returns of over 230 per cent from its 52-week low of Rs 36.90 per share.

The stock gave multibagger returns of over 100 per cent in just 1 year whereas BSE Sensex Index is up by 7.57 per cent.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 30.16 per share.

The stock gave multibagger returns of over 1,000 per cent in just 3 years whereas BSE Sensex Index is up by 61 per cent.

The stock gave multibagger returns of 155 per cent in just 6 months, 425 per cent in 1 year and a whopping 1,880 per cent returns in 3 years.

The stock gave multibagger returns of over 100 per cent in 1 year and a whopping 330 per cent in 3 years.

The stock gave multibagger returns of 185 per cent in just 1 year, 1,000 per cent in 2 years and a whopping 1,400 per cent in 3 years.

The stock gave multibagger returns of over 100 per cent in 2 years, 200 per cent in 3 years and a whopping 3,950 per cent in a decade. Investors

Talking about the financials, the company has a market cap of Rs 84 crore with a 1-year stock price CAGR of 80 per cent.

This achievement represents a significant milestone for the company, reaffirming their unwavering commitment to delivering high-quality construction services while contributing to the growth and advancement of the construction sector in the region.

The contract is scheduled for execution over a period of three years.

The company’s current order book stands at Rs 30,125 crore, a growth of 27 per cent YoY. Out of the total order book, 71 per cent are domestic orders and 29 per cent are international. Furthermore, the company’s order book including the L1 orders is over Rs 35,000 crore.

Recently, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

The company’s repayment of debt in order to move ahead on its plans to become a debt-free entity in the ongoing financial year. As a part of its defined debt-reduction program, it has further repaid bank debts by Rs 7.30 crore, taking the total amount of bank debt reduced to Rs 71.8 crore and the overall bank-debt reduction to Rs 98.2 crore approx. from the peak level of about Rs 170 crore, till date.

Recently, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

Additionally, it has consistently maintained a robust dividend payout ratio of 22 per cent, indicating a healthy distribution of profits to its shareholders.

Today, the shares of the company also saw a spurt in volume by more than 2.43 times on BSE.

Shares were trading up by more than 5 per cent today after company announced about this development