Low PE multibagger stock below Rs 40: This small-cap company secures order worth Rs 313 crore

The stock has a PE of 11.87x whereas the sectoral PE is 33.21x with multibagger returns of over 650 per cent.

B.L. Kashyap and Sons Limited, one of the leading civil engineering and construction company has secured new order from a domestic unrelated client ‘Railways Land Development Authority’ worth Rs 313 crore approx. (excluding GST) as per the following details-

Development of Bijwasan Railway Station at New Delhi worth Rs 313 crore excluding GST. The project is expected to be completed within 15 months approximately, from the date of the award. The total order book as of date stands at Rs 2402 crore approx., excluding GST.  

B.L. Kashyap & Sons Ltd is an EPC company engaged in the business of construction of buildings high-rise residential and commercial complexes, IT parks, institutional buildings, etc. 

The financials show that the market valuation of this construction company is Rs 735 crore. The company presented excellent numbers in quarterly and annual financial statements. The stock has a PE of 11.87x whereas the sectoral PE is 33.21x. The company has reduced its debt in the current financial year 2022-2023. Today, shares of the company saw a spurt in volume by more than 1.55 times on BSE.

The stock gave 31.30 per cent returns in the last 1 year and in the last 3 years, it returned over 650 per cent. Today, the stock is up by 5.33 per cent to Rs 33.02 per share from its previous closing of Rs 31.35. Investors should keep an eye on this Small-Cap multibagger stock.