Trackpad

Recently listed Small-Cap company bags two orders worth USD 60,43,800 
 

Mukka Protein Ltd has secured purchase orders valued at USD 60,43,800, equivalent to approximately ₹50.39 crore from Ever Light Oil Industrial Co. Ltd and Uni Best General Trading FZE for the fish meal supply. This development boosts the company's total order book to approximately ₹153 crores, signalling significant growth in its business operations. 

In a recent development, Ever Light Oil Industrial Co. Ltd. and Uni Best General Trading FZE have secured international contracts for the supply of fish meal. The contracts, valued at USD 5,83,800 (approximately ₹4.87 crore) and USD 54,60,000 (approximately ₹45.53 crore), respectively, are slated for execution between April and May 2024. 

Earlier, Mukka Proteins had an impressive entry into the stock market through an IPO. The shares commenced trading at ₹40 on the National Stock Exchange (NSE) and ₹44 on the Bombay Stock Exchange (BSE), surpassing the issue price of ₹28. Despite expectations of pegging the share price between ₹60 to ₹66, the company's stocks debuted at a premium of nearly 43 per cent over the issue price. 

According to the CRISIL report, the company stands as a leading player in India's fish protein industry, with its revenue contributing approximately 25 per cent to 30 per cent of the estimated revenue of the Indian fish meal and fish oil industry for FY23. 

The company specializes in the manufacturing and supply of fish meal, fish oil, and fish soluble paste, which are crucial components in the production of aqua feed (for fish and shrimp), poultry feed (for broiler and layer), and pet food (dog and cat food). Additionally, fish oil serves various purposes, including pharmaceutical products, soap manufacturing, leather tanneries, and paint industries.

Rekha Jhunjhunwala's portfolio multibagger stock surge on securing a new order worth ₹3,086 crore 

Indian engineering leader NCC capped off FY24 with a bang, securing a massive ₹3,086 crore order in March 2024 (excluding GST). This significant win strengthens their order book and fuels their growth momentum. 

The new orders showcase NCC's strength in various sectors:

• ₹1,589 crore: Electrical division, highlighting growing demand for electrical and railway infrastructure projects.

• ₹1,330 crore: Transportation division

• ₹167 crore: Building division 

These orders come from both state government entities and private limited companies, demonstrating NCC's diverse client base. This substantial order win follows NCC's successful achievement of its FY24 guidance. The company secured a total of around ₹26,000 crore worth of orders throughout the year, exceeding expectations and showcasing its ability to capitalize on market opportunities. The stock has given a multibagger return of over 127 per cent in one year and 55.80 per cent in the last six months. 

Established in 1978, NCC Limited is a leading player in India's infrastructure sector. The company undertakes turnkey EPC contracts and BOT projects (Public-Private Partnerships) across various verticals including Buildings & Housing, Roads, Railways, and more.
 

This solar power EPC company achieves the milestone of over 1,000 MW contracted orders globally



Scorpius Trackers, a leading solar tracking technology company and a subsidiary of Gensol Engineering Ltd (BSE: 542851, NSE: GENSOL), announces the achievement of reaching a significant milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia and Uganda solidifying its position as a key player in the global solar tracking industry.

The company is a leader in reliable single-axis solar trackers and leverages cutting-edge technology like self-maintaining bearings, real-time GPS tracking, and AI-powered SCADA systems to maximize solar power generation efficiency. As they celebrate their achievements, Scorpius remains dedicated to relentless innovation for the benefit of their global clients.

Recently, Gensol Engineering has been flexing its muscle in solar. They just landed their biggest project ever, a 100 MWac/135 MWp ground-mounted solar plant in Maharashtra valued at a whopping ₹520 crore. This massive project encompasses everything from land acquisition across 500 acres to managing the plant's operation and maintenance for 3 years. Additionally, Gensol recently completed a substantial 10.6 MWp rooftop project for Trident Limited and a 160 MW solar installation in Gujarat, pushing their total completed projects in India past the 600 MW mark.

An ace investor, Mukul Agrawal owns 5,70,000 shares or 1.51 per cent stake in the company. The stock gave multibagger returns of 145 per cent in just one year and a whopping 4,800 per cent in 3 years. Investors should keep an eye on this small-cap stock. 

Choice International Ltd: Multibagger stock – Giving a return of 105% in the past 12 months



The stock price of Choice International Ltd hit a high of ₹290 surging 3.46 per cent as the company announced a major win in the Choice Consultancy (CCSPL), a subsidiary of Choice International (CIL). The stock has doubled in the past one year giving a return of 105 per cent. The company has posted robust numbers in the nine months ended FY24 with a total revenue of ₹543 crore, representing a growth of 112 per cent YoY with a PAT of ₹92 crore, which is a growth of 207 per cent YoY. Notably, Choice International has consistently achieved higher revenues each year over the past two years.

CIL provides a one-stop solution for a customer's financial needs offering services through 3 verticals - Broking & Distribution Business (59 per cent), Advisory Business (30 per cent) and NBFC Business (11 per cent). The stock price hit a high of ₹290 surging 3.46 per cent as the company announced a major win in the Choice Consultancy (CCSPL) business vertical. CCSPL secured a solar plant project worth ₹520 crore in partnership with Solar91 in Jodhpur, Rajasthan. The project involves the development of a 34.72 MW (AC) solar plant for Jodhpur Vidyut Vitran Nigam Ltd in Jodhpur, Rajasthan. Choice and Solar91 will act as key advisors, overseeing various aspects of the project, including site surveys, design, supply, installation, testing, commissioning, and construction of control rooms.

This project aligns with Jodhpur Discom's commitment to sustainable energy and rural electrification, as well as the PM-Kusum Yojana, aimed at providing affordable electricity to farmers.

Top 3 small-cap multibagger stocks in which FIIs and DIIs have increased their stake 

Institutional investors are key players in the Indian stock market, with their investment decisions impacting stock prices. These stocks are poised to benefit from India's strong growth and demographics. Institutional investors are those who invest money on behalf of others, such as pension funds, mutual funds, insurance companies, hedge funds, and sovereign wealth funds. They are classified as foreign (FIIs) or domestic (DIIs). Both play a vital role in the Indian stock market, influencing stock prices. In recent months, FIIs and DIIs have been increasing their stake in various stocks. This is likely due to several factors, including the strong growth of the Indian economy, the attractive valuations of many Indian stocks, and the government's focus on reforms. 

Three stocks that have seen significant buying interest from both DIIs and FIIs in the last few months: 

Goodluck India Limited : The company is engaged in the business of manufacturing and selling engineering products such as sheets, pipes, engineering structures, fabricated structures, forgings, and automobile tubes. DIIs and FIIs increased their stake in the company to 2.16 per cent and 6.67 per cent, respectively. 

Ethos Limited : The company is the largest organised luxury watch retailing company in the country and operates currently through 60 stores spread across 23 cities in India. The company is engaged in retailing most of the globally reputed brands such as Omega, Rolex, Rado, IWC, and Bvlgari, among others. DIIs and FIIs increased their stake in the company to 12.17 per cent and 10.41 per cent, respectively, attracted by its growth potential and improving operating metrics. 

Aditya Vision Limited : This company is engaged in the trading of electronic items and is a service-oriented electronic retail chain in Bihar dealing in consumer durables of all kinds. DIIs and FIIs have increased their stake in the company to 7.44 per cent and 7.20 per cent respectively. Ace investor Ashish Kacholia has a stake in the company and currently holds 1.87 per cent in the company. 

Civil construction company gets new order worth ₹534 crore from Jodhpur Vidyut Vitran Nigam 

H.G. Infra Engineering Limited (HGIEL) informed that the company bagged an order worth ₹534 crore from Jodhpur Vidyut Vitran Nigam Ltd. This is an order for a 125.72 MW (AC) grid-connected solar power plant project under KUSUM Scheme - Component C (Feeder Level Solarisation) in JDVVNL. The project includes design, survey, supply, installation, testing, commissioning, operation, and maintenance for 25 years (with a possible extension) of the plant(s), connecting lines, and a Remote Monitoring System.  A separate entity formed by Stockwell Solar Services Private Limited and H.G. Infra Engineering Limited (or their subsidiaries) will handle the Engineering, Procurement, and Construction (EPC) of the plant(s) as a domestic project with a 12-month execution timeframe. 

H.G. Infra Engineering Limited (HGIEL) is an Indian road infrastructure company engaged in the business of engineering, procurement and construction (EPC) services, maintenance of roads, bridges, flyovers and other infrastructure contract works. The company has a market cap of over ₹5,000 crore and reported amazing numbers in its Quarterly Results and annual results. As of December 2023, Abakkus Emerging Opportunities Fund – 1 (owned by a renowned ace investor, Sunil Singhania) owns a 1.47 per cent stake in the company. As of December 2023, FIIs have decreased their stake to 1.56 per cent and DIIs have decreased their stake to 12.45 per cent compared to September 2023.