BCPL Railway Infrastructure secures EPC project; Stock hits upper circuit

BCPL Railway Infrastructure Limited executes railway electrification projects, turnkey OHE projects, and other projects for railway and government parties. The company has made a significant announcement regarding orders received by the company.

Order Details

As detailed in the official report, the company has signed an agreement for the execution of an Engineering, Procurement, and Construction (EPC) project under the Alipurduar and Rangiya Division of N.F. Railway.

This contract agreement has been received for the work of engineering, procurement, construction, and commissioning of 25 kV, 50 Hz, Single Phase, AC electrification work, including OHE, TSS, SCADA, and CLS panel works in the Abhayapuri – Gauripur single line section under the Alipurduar and Rangiya division of N.F. Railway. The total project cost comprises Rs 826.62 million, and it is expected to be executed over a period of 546 days.

Share Performance

Today, the company’s shares commenced trading at Rs 137.25 per share, higher compared to the preceding day’s closing figure of Rs 130.75 per share. Finally, the company’s shares concluded the day at Rs 137.25 per share on the BSE reflecting an impressive gain of 4.97% moreover it hit an upper circuit price limit of 5% today.

The market capitalisation of the company stands at Rs 229.53 crore. Additionally, the stock has delivered an impressive return of 111% in the last three months and a 210% return in the past year.

In terms of ownership, the Promoter holds 73.30%, while the remaining 26.71% is held by public investors, as per the most recent update.

Stock Price Chart

Business Overview

BCPL Railway Infrastructure Limited (formerly known as Bapi Construction Electrical Engineering Pvt. Ltd) is engaged in the field of railway infrastructure development. Its business activities include designing, drawing, supplying, erecting, and commissioning 25KV, 50 Hz Single Phase Traction Overhead Equipment.

It is one of the niche players catering to the area of railway electrification with an established track record of about three decades. The key clients of the company include various zones of Indian Railways as well as large Public and Private Sector Undertakings like RITES Ltd., Rail Vikas Nigam Ltd., Essel Mining Industries Ltd., Adhunik Group, Usha Martin Industries Ltd, Jindal Steel and Power Ltd., Rungta Mines, Haldia Energy Limited, Electrosteel, TATA Steel Limited, WEBEL, and Defence sectors like Military Engineering Services and K-Ride.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.