Multibagger Construction Stock Under Rs 100 Rises On Securing New Order Worth Rs 167 Cr

B L Kashyap and Sons Ltd. has secured a new order aggregating to Rs 167 Crores approx. The company informed the same on Sept 18, 2023. The said order is from Delhi International Airport Limited for civil and structure works for the SAM project at Gateway District, Aerocity, IGI Airport, New Delhi. The Order completion timeline is 18 months approx.

The total order book as on date stands at Rs 3005 Crores (excluding GST), the company said in a filing.

S. No.	Details/clarifications	Response
a	Name of entity awarding the order(s)/ contract(s)	Delhi International Airport Limited
b	Significant terms and conditions of order(s)/contract(s) awarded in brief	Construction of structural works and other finishing works
c	Whether order(s)/contract(s) have been awarded by domestic / international entity	Domestic
d	Nature of order(s)/contract(s)	Civil and structure works for SAM project at Gateway District, Aerocity, IGI Airport, New Delhi
e	Whether domestic/international	Domestic
f	Time period by which the order(s)/ contract(s) is to be executed	18 months approx.
g	Broad consideration or size of the order(s)/contract(s)	₹ 167 Crores approx.
h	Whether promoter /promoter group companies have any interest in the entity that awarded the order(s) /contract(s)? if yes, nature of interest and details thereof	No
i	Whether order(s)/contract(s) would fall within related party transactions? If yes whether the same is done at "arm's length"	No

On Monday, the shares of B L Kashyap and Sons closed 2.22% higher at Rs 53.89 apiece on the BSE. The stock declined 0.13% in 1 week.

The stock gained 24.95% in 3 months and it gained 74.74% in 6 months. The stock has given 113.43% multibagger return in 1 year, 125.01% in 2 years, and 653.71% in 3 years, respectively.

The stock touched its 52-week on Sept 05, 2023, at Rs 57.40 apiece and 52-week low on Sept 29, 2023, at Rs 23 apiece. It has a market cap of Rs 1,214.90 Crore.

B L Kashyap and Sons Ltd. is a small cap Civil Engineering and Construction Company. The company engaged in the business of Construction of Buildings High-Rise Residential and Commercial Complexes, IT Parks, Institutional Buildings, etc.