Infra stock engaged in the business of developing, maintaining & operating Airports and allied businesses like power substations and many more, jumped upto 5 percent in the day’s trade upon receiving work order worth Rs. 2.97 Crores.
Price Action
With a market capitalization of Rs. 45.64 Crores, the shares of Abhishek Integrations Limited were trading at Rs. 75.80 per equity share, up 4.7 percent from its previous day’s close price of Rs. 72.35.
What Happened
Abhishek Integrations Limited is engaged in the business of developing, maintaining & operating Airports and allied businesses like power substations and many more, has been declared as the L1 bidder for round the clock operation of 110KV Receiving Station and all Sub-Stations in BARC, Trombay, Mumbai for a consideration of Rs. 2.97 Crores.
About the Company
Abhishek Integrations Limited is engaged in the business of developing, maintaining & operating Airports and allied businesses, high tension (HT) and low tension (LT) electrical and mechanical installation at terminal Buildings of airports, maintenance of ground lighting, and many more.
It has a strong clientele that includes, Airports Authority of India, Indian Space Research Organization , Bhabha Atomic Research Centr, Indian Institute of Management, Indian Institute of Technology, Indian Railways and many others.
Financials and Ratios
Its revenue from operations grew by 6 percent from Rs. 10.86 Crores in H1FY24 to Rs. 11.48 Crores in H1FY25, accompanied by profits of Rs. 27 Lakhs to Rs. 28 Lakhs.
In terms of Return ratios, it has reported a return on equity (ROE) of 8.93 percent, and a Return on capital employed (ROCE) of 13.4 percent. It has reported a debt-to-equity ratio of 0.76.
Written by: Bharath K.S
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