This micro-cap construction company bags a project worth Rs 23.66 crore!
The stock has a PE of 7.73x whereas the sectoral PE is 22.9x.
BCPL Railway Infrastructure Limited is delighted to update its esteemed stakeholders that the company has received an electrification project from Northern Railway, Electrical Division, Jalandhar City, Punjab.
This order has been received for the work of design, supply, erection, testing and commissioning of 25 KV OHE for the work of "doubling between Ludhiana-Mullanpur including Ludhiana Yard Remodeling over Firozpur Division" (69 Track Kilometer). The total project cost comprises Rs 23.66 crore and it is expected to be executed over a period of 18 months.
Today, shares of BCPL Railway Infrastructure zoomed 4.21 per cent to Rs 43.25 per share from its previous closing of Rs 41.52 with a day’s high of Rs 44 and a day’s low of Rs 41.20.
BCPL Railway Infrastructure Ltd is engaged in the execution of Railway Electrification Projects, turnkey OHE projects and other projects for Railway as well as non-government parties.
This civil construction company has a market cap of over Rs 70 crore. In the Quarterly Results (Q3) and annual results (FY22), the company reported amazing numbers. In the financial year 22-23, the company reduced its debt, and the current debt of the company is Rs 3.78 crore.
The stock has a PE of 7.73x whereas the sectoral PE is 22.9x. The stock is up by 5.34 per cent in one month, up 11.40 per cent in the last 6 months and down by 2.60 per cent in the last 1 year.
Investors should keep an eye on this micro-cap stock under the radar.