Penny Stock Below Rs 80: Transformer manufacturing company bags new orders worth Rs 73,16,000 from Aaryan Ventura Pvt Ltd
The stock is up by 30 per cent from its 52-week low of Rs 59.93 per share and has given multibagger returns of over 900 per cent in 3 years.
On Tuesday, shares of Alfa Transformers Limited gained 1.10 per cent to Rs 75.45 per share from its previous closing of Rs 74.63 per share. The stock’s 52-week high is Rs 162.95 per share and its 52-week low is Rs 59.93 per share.
Alfa Transformers Limited's Bhubaneswar plant, a leading manufacturer of small distribution transformers, has secured a domestic purchase order valued at Rs 73.16 lakh from Aaryan Ventura Pvt. Ltd. This order involves the design, manufacturing, and supply of 5000KVA, 33/11KV, 5 MVA outdoor type copper wound power transformers with off-load tap changers. The company is expected to execute this order within 10-12 weeks from the date of receipt.
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Earlier, the company's Bhubaneswar plant secured a domestic purchase order valued at Rs 1.25 crore from TP Western Odisha Distribution Limited (TPWODL). This contract entails the design, manufacturing, and supply of 63 KVA 11/0.433KV kV units. The order is slated for execution within 67 days from the date of its receipt.
The company has a market cap of Rs 69 crore. According to Quarterly Results, the company reported net sales of Rs 12.49 crore and net loss of Rs 0.12 crore in Q4FY25. In its annual results, the company reported net sales of Rs 50.21 crore and net profit of Rs 1.01 crore in FY25. The stock is up by 30 per cent from its 52-week low of Rs 59.93 per share and has given multibagger returns of over 900 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.