Engineering Smallcap Company Vishnu Prakash R. Pangalia Limited’s shares saw a boom on Friday. At the beginning of the day, the stock opened with an increase and touched the Intrade high of Rs 163. By the end of the day, the stock closed at Rs 160.95 with a slight increase of 0.26%. Now investors are eyeing Monday’s market, because the company has received a big order of Rs 78 crore. This order can accelerate the shares further.
Company gets strong order
On July 12, Vishnu Prakash R. Pangalia announced that it has received a new infrastructure project from Jaipur Development Authority (JDA). In this project, road over bridge (ROB) is to be built at Saligrampura gate on Jaipur-Sawai Madhopur railway line. The value of this contract is Rs 77.9 crore and this project will be held in Zone-14 of Jaipur. The company says that such projects are part of their everyday business activities. This news is enthusiastic among investors, because this order can further strengthen the growth of the company.
Rating declines, still hope
Last month, Credit Rating Agency Care Ratings made some changes in the company’s rating. The company’s rating of 760 crores long -term and short -term bank loans was reduced from Care BBB+ (stable) to Care BBB (negative). This means that the company is now considered a little more risky. Care said in its report that in 2025 the company is borrowing more for its daily expenses, which is affecting its liquidity and cash flow. Also, last year the company’s business performance was weaker than expected. But the company’s condition is expected to improve with a new order.
Stock’s condition so far
Vishnu Prakash R. The performance of Pangalia’s shares was nothing special this year. In 2025, this stock has fallen by 45% so far. In the last one year too, the stocks have fallen by 20%. The high level of 52 weeks of stock is Rs 345.75, while a low level of 52 weeks was Rs 147.99. That is, the current price is 53% below its high. Nevertheless, the news of the new order may increase the trust of investors, and on Monday, everyone will be watching this stock in the market.
Company business model
Vishnu Prakash R. Pangalia is an engineering, procurement and construction (EPC) company, which has been in business since 1986. This company designs and creates infrastructure projects for central and state governments, autonomous institutions and private bodies. The work of the company is spread over 9 states and 1 union territory. Its business is divided into four parts- water supply projects, railway projects, road projects and irrigation network projects. The company has more than 484 construction equipment and vehicles, which help it to complete large projects faster.
The news of the new order has increased the enthusiasm about this smallcap stock in the market. Analysts believe that this order of 78 crore will further strengthen the order book of the company. However, some investors are also cautious due to rating downgrade and previous poor performance. Nevertheless, this stock can see a good movement when the market opens on Monday. If you are thinking of investing in this stock, then consult your financial advisor, because there is always a risk of fluctuations in the market.
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