Railway stock engaged in executing Railway Electrification Projects, turnkey OHE projects, and other projects for the railway infrastructure development hit a 5 percent upper circuit in the day’s trade upon receiving a work order worth Rs. 71 Crores.
Price Action
With a market capitalization of Rs. 166 Crores, the shares of BCPL Railway Infrastructure Limited hit a 5 percent upper circuit in the day’s trade at Rs. 99.05 per equity share, from its previous day’s close price of Rs. 94.34.
What Happened
BCPL Railway Infrastructure Limited has received a new work order for the execution of Upgradation of the Electric Traction System project in the Kharagpur-Bhadrak section of Kharagpur Division of South Eastern Railway under Rail Vikas Nigam Limited for a consideration of Rs. 71 Crores.
The said work order is for the Design, Supply, Erection, Testing, and Commissioning for the upgradation of the Electric Traction System from 1 x 25 KV to 2 x 25 KV traction system for the Kharagpur-Bhadrak section of the Kharagpur Division of the South Eastern Railway to meet 3000 MT Loading target and the work is expected to be executed over 16 months.
About the Company
BCPL Railway Infrastructure Limited is engaged in executing Railway Electrification Projects, turnkey OHE projects, and other projects for the railway infrastructure development. Its business activities include designing, drawing, supplying, erecting, and commissioning 25KV, 50 Hz Single Phase Traction Overhead Equipment.
It has a strong customer base, with key clients like Tata Power Ltd, Jindal Steel and Power Ltd, Haldia Energy Ltd, Rites Ltd, Rail Vikas Nigam Ltd., Essel Mining Industries Ltd, various Indian railway zones, and many others.
Financials & Ratios
Its revenue from operations declined by 7.87 percent from Rs. 19.83 Crores in Q1FY24 to Rs. 18.27 Crores in Q1FY25, accompanied by profits of Rs. 1.73 Crores to Rs. 1.94 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 6.18 percent, and a return on capital employed (ROCE) of 8.77 percent. It has reported a debt-to-equity ratio of 0.45.
Written by: Bharath K.S
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