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Rs 59 Share Hit Upper Circuit After Big Order From TATA; Next Target, Future

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HEC Infra share: Following the bullish move of the stock market on the last trading day, the shares of HEC Infra Projects Limited rose by 3.65 percent and became higher by 2 rupees and reached the level of Rs 59.0.

Shares of HEC Infra Project, with a market cap of around Rs 59.9 crore, have a 52-week high of Rs 63.4 while a 52-week low of Rs 26.6.

HEC Infra shares have given returns of 15 percent to investors in the last one month period while it has given returns of more than 56 percent in the last 6 months period.

HEC Infra Projects has informed the stock market that recently it has received a big order from Tata Power Solar System.

HEC Infra Projects Limited has said that it has received an order worth Rs 7.15 crore from Tata Power Solar Systems.

This is an order for design, engineering, procurement, construction and commissioning for a 66 kilo-watt transmission line.

This order received for the Radhanpur project is going to help HEC Infra to strengthen its place in the renewable energy sector.

In the last 3 years, shares of HEC Infra Projects have given multibagger returns to the investors.

During this period, shares of HEC Infra have seen a high of Rs 56.80 from a low of ₹ 21 on April 8 and have given bumper returns of 150 percent to investors in less than 3 years.

HEC Infra Projects is an Ahmedabad-based company that deals with EPC contracts for electro-mechanical and instrumentation projects.

The company has been doing electro-mechanical contracts for the last 18 years. HEC Infra Projects works in the infra-development and operator sector.

HEC Infra Projects has received an order of Rs7.50 crore from Tata Power Solar Systems Limited for the construction, supply, testing and commissioning of 66kV Transmission line.

After this order, the stock price of HEC Infra has increased by 4.84% on NSE.

About HEC Infra Company

HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company (EPC) Contractor in the Electro-Mechanical and Instrumentation Projects.

It is involved in its EPC Electro-Mechanical Project Business which is its sole business.

Hec Infra Projects Limited is an openly traded public company founded on the 06th of October 2005. It is classified as a publicly limited company and is situated in Ahmedabad, Gujarat.

Fundamental Analysis of HEC Infra

Market Cap₹ 59.9 Cr.
Current Price₹ 59.0
52-wk High₹ 63.4
52-wk Low₹ 26.6
Stock P/E44.7
Book Value₹ 30.4
Dividend0.00 %
ROCE7.04 %
ROE2.66 %
Face Value₹ 10.0
P/B Value1.94
OPM6.30 %
EPS₹ 1.32
Debt₹ 36.4 Cr.
Debt to Equity1.18

HEC Infra Shareholding pattern

Promoters Holding
Sept 202273.2%
Dec 202273.2%
Mar 202373.2%
June 202373.2%
Sept 202373.2%
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FII Holding
Sept 20220
Dec 20220
Mar 20230
June 20230
Sept 20230
DII Holding
Sept 20228.6%
Dec 20228.6%
Mar 20238.5%
June 20238.5%
Sept 20238.5%
Public Holding
Sept 202218.2%
Dec 202218.2%
Mar 202318.3%
June 202318.3%
Sept 202318.3%
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HEC Infra Share: Last 5 Years’ Financial Condition

Last 5 Years’ sales:

2019₹79.99 Cr
2020₹39.22 Cr
2021₹37.54 Cr
2022₹43.71 Cr
2023₹59.50 Cr

Last 5 Years’ Net Profit:

2019₹1.95 Cr
2020₹0.54 Cr
2021₹0.31 Cr
2022₹0.51 Cr
2023₹1.34 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.99
20201.07
20211.03
20221.14
20230.98
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What is the company’s business model?

HEC Infra Projects Ltd is an Electro-Mechanical Contracting Firm that undertakes turnkey as well in EPC initiatives.

The company provides a complete range of services including design, supply, installation, testing, and commissioning of overhead transmission lines up to 220 KV, substations, underground cable laying, switchyards, water pumping stations, and power distribution systems.

How is the company performing?

Profitability

Profitability is an important metric when analyzing a company. Investors must look at the earnings before interest and tax (EBIT) margins and revenue growth to determine the health of a business.

HEC Infra Projects has been able to maintain solid EBIT margins and revenue growth over the past year, which is encouraging for shareholders.

EPS Growth

Experienced investors know that the share price tends to follow EPS outcomes over time, so they pay close attention to a company’s EPS growth when evaluating potential investments.

Over the past three years, HEC Infra Projects has seen annual EPS growth of 42%. This impressive growth may not last, but it’s a positive sign nonetheless.

Growth

HECPROJECT has grown its revenue over the last several months, and this is an excellent positive for the shareholders. In the process, the net profit margin for the company has increased significantly.

Its current ratio is very high, which means that the company can pay for the short-term liabilities of the assets it has at hand.

This is a good sign, as it means that the company is stable and could weather any unexpected bumps in the road.

Insiders

HEC Infra Projects insiders own a significant portion of the company’s shares. This is a positive sign because it means they will share the delights and challenges experienced by ordinary shareholders.

This further suggests that they are rewarded to increase shareholder value in the long term.

What is the company’s financial position?

HECPROJECT’s financial position includes current assets – what the company owns – plus short-term liabilities, as well as long-term debt.

The current ratio of HECPROJECT measures the ability of a company to pay its short-term obligations using the assets it has at present.

A high ratio shows a company’s capacity to pay the short-term commitments it has made.

Also Read: These Top 7 Adani Share Can Hit Upper Circuit Again? Next 3 Days Be Careful

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