Penny Stock Under Rs 12: This Micro-Cap Company Bags Rs 41.3 Lakh Work Order Extension in Telangana
As of June 13, 2025, the company’s stock is trading at Rs 11.9, with a 52-week high of Rs 17.3 and a low of Rs 7.86.
Sanmit Infra Limited has secured an additional work order valued at Rs 41.3 lakh for its ongoing infrastructure project in Telangana. This extension involves rut filling over a 20,000 square meter area and signifies continued client confidence in the company’s performance. The order was awarded by H.G. Infra Engineering Limited, one of the key players in infrastructure development. The new scope of work must be completed within three months from the start date of April 1, 2025, with no advance payment. Payment will be made on a prorated basis in accordance with the Bill of Quantities (BOQ). Sanmit Infra’s management reaffirmed its commitment to delivering the project with consistent quality, efficiency, and professionalism.
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The announcement has drawn renewed investor attention to this Small-Cap infrastructure stock. As of June 13, 2025, the company’s stock is trading at Rs 11.9, with a 52-week high of Rs 17.3 and a low of Rs 7.86. However, the one-year return stands at -25.26 per cent, and the three-year return is -72.51 per cent, reflecting past underperformance. The stock trades at a Price-Earnings (PE) ratio of 116.58, indicating a premium valuation despite weak historical returns. Sanmit Infra has a market capitalisation of Rs 181 crore.
Incorporated in 2000, Sanmit Infra Ltd is part of the Makhija Group and operates in infrastructure, petroleum, and trading. It has completed residential and commercial projects in Mumbai’s western suburbs and is developing new projects in Mahim, Karjat, and Navi Mumbai. In its petroleum segment, the company deals in lubricants, furnace oil, base oil, kerosene, light diesel oil, and bitumen. Sanmit Infra also provides a Bio Medical Waste Disinfectant system and is moving towards eco-friendly solutions like the GMS system to replace traditional wood pyre cremations.
In FY23, the company's revenue was predominantly driven by product sales, with petroleum contributing 95 per cent to this segment. Prominent public shareholders include Poonam Vishnu Rupani (1.74 per cent), Vishnu Jamnadas Rupani (1.42 per cent), and Dheeraj D Mulchandani (1.14 per cent).
With ongoing infrastructure contracts and diversification in petroleum and environmental solutions, Sanmit Infra Limited remains a noteworthy player in the Indian small-cap space. Investors may watch for further developments such as Quarterly Results or any dividend announcements.
Disclaimer: The article is for informational purposes only and not investment advice.