According to the financials, the company has a market cap of over Rs 350 crore and has delivered good profit growth of 38 per cent CAGR over the last 5 years. Additionally, the company has reported amazing numbers in its quarterly results and annual results.

The shares of the company saw a spurt in volume by more than 1.40 times on BSE. The stock has a PE of 12.03x whereas the sectoral PE is 25.50x.

Order book Update: Significantly, this outstanding order book currently stands at Rs 1,14,336 crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.

The stock is up by 41 per cent in just 1 year.

These projects will be executed across various locations, including land, water bodies, and rooftops, in multiple states of India

The lender's net advances increased by 21 per cent to Rs 3.01 lakh crore in the first quarter of FY24, compared to Rs 2.47 lakh crore in the same quarter last year. Advances increased 4 per cent sequentially.

We would like to explore opportunities in Northern India that will enable us to achieve our vision of becoming a Pan India player, articulates Tuljaram Maheshwari - WTD, CEO and CFO, Sahyadri Industries

On Wednesday, the Indian equity markets ended on a flat note

The company has delivered returns of 49 per cent over the past year and whopping returns of 564 per cent in the past 3 years. Additionally, it has a ROCE of 30.3 per cent and a ROE of 25.3 per cent.

On Wednesday, the GIFT Nifty is indicating steady opening for the benchmark indices, showing an increase of 19.50 points. The futures are currently at 19,513.