Under Rs 100: Micro-cap Railway Infra Company Secures Rs 4.72 crore Order from Eastern Railway
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BCPL Railway Infrastructure Ltd gains attention after securing a fresh Eastern Railway order worth Rs 47.23 million, strengthening its near-term order pipeline visibility.
✨ Key Takeaways
BCPL Railway Infrastructure Ltd share price is expected to remain in focus after the company announced that it has received a new order from the Eastern Railway, Howrah Division, for 25 KV overhead equipment (OHE) work.
The contract involves the replacement of old Guy Rod Assembly under the Howrah Division. The company has received the letter of acceptance for the project, which carries a total value of Rs 47.23 million (approximately Rs 4.72 crore). The execution timeline for the project has been set at 18 months.
Commenting on the development, Chairman Aparesh Nandi said -
“We at BCPL Railway Infrastructure Ltd are pleased to inform our stakeholders about our recent order intake for 25 KV OHE work in connection with the ‘Replacement of old Guy Rod Assembly’ under the Howrah Division of Eastern Railway. The value of this order is Rs 47.23 million and we are quite optimistic about the pipeline of orders in the coming months, in the near future also.”
“We, at BCPL, have offered our unparalleled services contributing towards connecting different parts of the country, especially the North East and rural parts of the country, and are confident to continue serving the Indian railway sector in the future. We are quite optimistic about similar projects coming on a PAN India basis. There is a constant flow of railway work including EPC orders, modification work, laying of new lines, addition of third and fourth lines in the existing railway tracks, increase in the speed of existing railway lines, and we are optimistic that there will be no paucity of workflow in the near future.”
About BCPL Railway Infrastructure Ltd
BCPL Railway Infrastructure Ltd is an infrastructure and engineering company engaged in railway electrification and related EPC (Engineering, Procurement and Construction) activities. The Company is primarily focused on execution of overhead equipment (OHE) works for railway electrification projects, including installation, modification, and maintenance of 25 KV traction systems used in Indian railway networks.
BCPL Railway Infrastructure Ltd Share Price Performance
BCPL Railway Infrastructure Ltd share price stood at Rs 77.05, down 0.90 points or 1.15 per cent. The stock had previously closed at Rs 77.95. It opened at Rs 78.00 during the session, touched an Intraday high of Rs 78.82, and a low of Rs 75.33.
In terms of past performance, the stock has declined 18.06 per cent over the last one year and 11.32 per cent over the last two years. However, over a three-year period, it has delivered a gain of 72.60 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.