The stock is up by 90 per cent in just 1 year and generated multibagger returns of 200 per cent in 3 years.

According to the financials, the company have a market cap of over Rs 400 crore with a 3-year CAGR of 173 per cent. The company reported fantastic numbers in its quarterly results and annual results. The stock had a ROE of 24 per cent and a ROCE of 26 per cent.

Evans Electric Ltd has evolved into a brand name known throughout the country for specialising in Heavy Electro-Mechanical Repairs and services spanning every make, size and capacity of electrical machine since its incorporation shortly after India's independence.  

At the closing bell, shares of the company ended the day in green, up 2.16 per cent to Rs 425.20 per share. The shares of the company saw a spurt in volume by more than 1.68 times on BSE.

Throughout the year, the company secured orders worth Rs 1,125.22 crore, resulting in an order book closure of Rs 2,522 crore as of March 31, 2023. The current order book stands at approximately Rs 2,650 crore. Notably, the order inflow for the fourth quarter ended March 31, 2023, reached Rs 692.72 crore, showcasing exponential growth compared to the preceding quarter.

Moreover, the stock has given multibagger returns of more than 220 per cent in just 3 years

The firm has a market cap of Rs 6,787.13 crore. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). The net sales increased by 37.68 per cent and the net profit increased by 25.25 per cent in FY23 over FY22. The EPS for FY23 stood at Rs 15.48.

On Friday, the Sensex zoomed by 466.95 points to close at 63,384.58, while Nifty 50 surged by 137.90 points to close at 18,826.00

In Q4FY23, the net sales of the company dipped by more than 22 per cent from last year’s same quarter to Rs 1561.50 crore

The net sales increased by 77.34 per cent to Rs 60.81 crore and net profit increased by 280.92 per cent to Rs 6.59 crore in H2FY23 over H2FY22. The net sales increased by 50.66 per cent to Rs 96.83 crore and net profit increased by 63.60 per cent to Rs 8 crore in FY23 over FY22.