A microcap stock engaging in project management and engineering service has doubled investors’ wealth in the last one year, with a whopping return of 132 per cent.
The stock comes into spotlight as India’s largest insurance company LIC also holds stakes in the company.
The company we’re talking here is ATV Projects India Ltd. The current market capitalisation of ATV Projects India Ltd stands at Rs 171.78 crore as of November 14.
The company’s stock climbed from Rs 4 apiece to Rs 32 apiece in the past five year, giving multibagger returns to investors .
LIC stakes in ATV Projects India Ltd stock
According to public shareholding information available on BSE, Life Insurance Corporation of India holds 9,95,241 shares of ARV Projects India Ltd, representing a stake of 1.87 per cent. It amounts to a total investment of RS 3.1 crore.
ATV Projects India Q1FY25 earnings
ATV Projects India Ltd reported that its revenue for April-June quarter stood at Rs 19.83 crore, as compared to Rs 19.20 crore in the Q4FY24. The net profit for the quarter remained at Rs 1.60 crore, against Rs 1.52 crore in Q4FY24. The Earnings Per Share (EPS) for Q1FY25 stood at Rs 0.30 per share.
ATV Projects India share price history
Stocks of ATV Projects India Ltd are up 111.79 per cent in 2024 on a Year-To-Date basis. The two- and five-year returns of the stocks stood at 227 per cent and 729 per cent respectively as of November 14.
About ATV Projects India
ATV Projects India Limited is an India-based company, which is engaged in the business of rendering project management and engineering services.
The company started in 1978 and was incorporated as a public limited company in 1987. ATV commenced with fabrication and then moved to the field of turnkey engineering projects.
