Stock Hits 5 Per Cent Upper Circuit: Multibagger Engineering Stock with 4,500 Per Cent Returns in Just 5 Years Bags Rs 14.51 Crore Order - Know More Here!
The stock has given multibagger returns of 182 per cent from its 52-week low of Rs 395 per share and a whopping 4,500 per cent in 5 years.
GTV Engineering Limited, headquartered at 216-217-218, New Industrial Area-II, Mandideep-462046 (Bhopal), has announced the receipt of a Letter of Intent (LOI) from Gebr. Pfeiffer (India) Private Limited. Following this order, on Monday share price of the company locked in the 5 per cent upper circuit.
The LOI, received on June 27, 2025, is for the supply of 5 units of Cement/Coal/Raw Mill Static Parts, Separating Wheel, Gap Type Seal, and Water Nozzle. These components are required for various projects, specifically at JSW CM, Saint Gobain GC, Gold Crest KHD, and Wonder RM & KM. The supply is to be completed within 8 months from the date of the LOI, in strict accordance with the technical specifications and terms and conditions outlined in the document dated June 27, 2025. The total value of these supplies amounts to Rs. 14.51 Crores, excluding Goods and Services Tax (GST).
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Incorporated in 1990, GTV Engineering Ltd operates a diversified business, specialising in both high-tech steel fabrication and the manufacturing of Whole Wheat Flour. In its Heavy Engineering division, the company serves as a crucial subcontractor, providing vital fabrication inputs to large engineering firms and undertaking manufacturing jobs for various infrastructural projects across sectors like power, minerals, cement, railways, and metros, with a capacity of 1,000 MT per month from its Mandideep unit. Additionally, GTV Engineering has a presence in Hydro Power Generation, owning and operating a unique 6MW underground small hydro power project in Himachal Pradesh. Complementing these segments, its Agro Foods Division, an ISO 22000:2015 certified facility in Gwalior, produces and packages staples such as atta, maida, dalia, suji, and besan
The company has a market cap of over Rs 300 and has delivered good profit growth of 69 per cent CAGR over the last 5 years. The shares of the company have a PE of 29x, an ROE of 26 per cent and an ROCE of 28 per cent. The stock has given multibagger returns of 182 per cent from its 52-week low of Rs 395 per share and a whopping 4,500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.