Penny Stock Under Rs 25: This Micro-cap Company Secures Rs 14.2 Crore Expressway Project in Uttar Pradesh
Despite delivering a negative 1-year return of -5.83 per cent, the stock has yielded a 36.22 per cent return over a 3-year period.
Almondz Global Securities Ltd., a Small-Cap financial services and infrastructure consulting firm, has announced a major win through its wholly-owned subsidiary Almondz Global Infra-Consultant Ltd. (AGICL). The company has secured a significant order worth Rs 14.2 crore from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for consultancy services related to the Vindhya Expressway project. This six-lane, 320-km greenfield expressway will connect Prayagraj to Sonbhadra and provide strategic links to the Purvanchal Expressway and Noida-Jewar corridor.
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The scope of the project includes feasibility studies, economic analysis, project structuring, and bid process management. The timeline for execution is set at 10 months. AGICL, an ISO-certified consultancy, has expertise in roads, highways, smart cities, and industrial infrastructure. This contract further strengthens its position as a key player in the infrastructure advisory space, particularly in northern India.
As of June 13, 2025, the stock of Almondz Global Securities Ltd. is trading at Rs 21.36. It has touched a 52-week high of Rs 36.17 and a 52-week low of Rs 18.88. Despite delivering a negative 1-year return of -5.83 per cent, the stock has yielded a 36.22 per cent return over a 3-year period.
Incorporated in 1994, Almondz operates across multiple business verticals including corporate finance advisory, equity broking, wealth management, and debt portfolio services. The company focuses on infrastructure sectors like power, highways, airports, and urban development. Its FY23 financials show that 79 per cent of its total income came from fees and commissions, with consultancy and advisory services alone contributing 67 per cent to that segment.
The company recently undertook strategic business decisions such as the sale of Almondz Finanz Limited and the commencement of operations at a joint venture ethanol plant. These developments point to a business focused on streamlining operations and exploring growth opportunities.
Almondz Global Securities has a market capitalisation of Rs 369 crore and a Price-Earnings (PE) ratio of 46.32. Prominent public shareholders include Santhana Rajagopalan Nandakumar (4.93 per cent), Subhash Phootarmal Rathod (3.15 per cent), Dilipkumar Lakhi (2.01 per cent), Anil Vishanji Dedhia (1.80 per cent), and Infront Enterprises Private Limited (1.53 per cent).
Disclaimer: The article is for informational purposes only and not investment advice.