Rs 230 crore order book: This multibagger micro-cap company bags multiple new orders worth Rs 29.52 crore!

Praveenkumar Yadav
/ Categories: Trending, Mindshare
Rs 230 crore order book: This multibagger micro-cap company bags multiple new orders worth Rs 29.52 crore!

Shares of the company gained more than 9 per cent in the last one month.

Dhruv Consultancy Services Limited informed in the exchange filing that the company has three letters of award for providing consultancy services. The first order is the company for providing consultancy services towards independent engineer services during the O&M phase for 4 laning of the Solpaur to Vijayapura section of NH-52 in the State of Maharashtra and Karnataka on DBFOT. The order is received from the Regional Officer Mumbai of the National Highways Authority of India. And the order is worth Rs 9,00,00,000.

The second order is received for four laning of Sangli-Solapur on HAM Mode in the state of Maharashtra from the Regional Officer Mumbai of the National Highways Authority of India. The order is worth Rs 9,90,00,000.

Also read, Rakesh Jhunjhunwala’s portfolio stock raises Rs 5,09,99,99,184 through preferential issue!

The third order is worth Rs 10,62,00,000. The company along with Ayoleeza Consultants Private Limited and in association with M/S Transtek Engineers and Services Private Limited has received the Letter of Award for providing consultancy services for Authority’s Engineer for Improvement to two lanes with paved shoulder from Ramnagar to Roseda in the State of Bihar on EPC.

Dhruv Consultancy Services Limited is engaged in the business of consultancy services for the infrastructure industry. The company is involved in providing design, engineering, procurement, construction, and integrated project management services.

The stock has given multibagger returns of over 150 per cent in the last three years. The company has an order book of Rs 230 crores, and investors should keep a close eye on this stock.

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

DSIJ's 'Value Pick' service recommends long-term stocks based on Value Investing Philosophy. If this interests you, do download the service details here.

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