One of the micro-cap stocks specializing in water supply and wastewater infrastructure, including pipeline procurement, installation, commissioning, and associated civil engineering works for comprehensive project execution. The stock hits 5 percent upper circuit after securing an order worth Rs. 10.05 crore from Gujarat Water Infrastructure Limited
Stock Price Movement
With a market capitalization of Rs. 78.25 crores, the shares of V.L Infraprojects Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 50.40 per share on Tuesday, up from its previous closing price of Rs. 48 per share. Since then, the stock has retreated and is currently trading at Rs. 49.80 per equity share.
What Happened
V.L. Infraprojects Limited (VLINFRA) has secured a work order valued at Rs. 10.05 crore from Gujarat Water Infrastructure Limited. The project is set to be completed within 12 months. With this, the company’s total order book now stands at approximately Rs. 166.85 crore.
The project involves the design and construction of a raw water supply pipeline from Pipli HW to Dholera Airport, including the installation of pumping machinery and ancillary works, with a 5-year comprehensive operation and maintenance agreement.
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Recent Orders
On January 25, V.L. Infraprojects Limited secured two major work orders totaling Rs. 4.07 crore. The first, worth Rs. 1.12 crore, is for erecting and commissioning a batching plant at the Nellore site, awarded by KSR Infrastructures LLP.
Additionally, the second order is valued at Rs. 2.96 crore and involves supplying manpower for masonry works at River View Projects in Hyderabad, awarded by SRR Projects Pvt Ltd. Both projects are to be completed within 6 months.
Business Operations
The company specializes in water supply projects, covering the procurement, installation, and commissioning of systems, along with wastewater management and civil engineering tasks such as pumping stations and electro-mechanical installations.
Moreover, the Government of Gujarat has designated the company as a Class AA-approved contractor, and it holds licenses in several states across India, ensuring an extensive operational presence and a high level of expertise.
Recent quarter results
V.L. Infraprojects Limited’s revenue grew from Rs. 51 crore in H1 FY24 to Rs. 52 crore in H1 FY25, reflecting a growth of 1.96%. The company’s net profit also saw a notable increase of 33.33%, rising from Rs. 3 crore in H1 FY24 to Rs. 4 crore in H1 FY25.
Written By – Nikhil Naik
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