Multibagger in just 6 months: This micro-cap company bags new order worth Rs 9,57,61,00,000 from Epitome Industries India Ltd!

The stock gave multibagger returns of 141.42 per cent in just 6 months and a whopping 225 per cent in 1 year.

On Friday, one of the Top Gainers on NSE, shares of RBM Infracon Ltd hit a 5 per cent upper circuit to Rs 146.30 per share from its previous closing of Rs 139.35. The stock also made a new 52-week high of Rs 146.30 per share.

RBM Infracon Ltd informed that the company received a letter of intent from Epitome Industries India Limited. The order includes a contract for engineering, procurement & construction (EPC) worth Rs 9,57,61,00,000 or Rs 957.61 crore. Phase I of LOI is to be executed on or before March 31, 2025, and Phase II on or before October 01, 2025.

Incorporated in 2013, RBM Infracon Limited is primarily engaged in the engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, petrochemicals, coal/gas-based power plants, etc.

The company has a market cap of Rs 123 crore with an ROE of 33.8 per cent and an ROCE of 26.8 per cent. In H2FY23, the net sales increased by 156 per cent to Rs 59.84 crore and the net profit increased by 140 per cent to Rs 1.56 crore compared to H2FY22. The net sales increased by 75 per cent to Rs 83.19 crore and net profit increased by 16 per cent to Rs 2.21 crore in FY23 compared to FY22.

The stock gave multibagger returns of 141.42 per cent in just 6 months and a whopping 225 per cent in 1 year. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.