Multibagger stock: If you are looking for a better stock for investment, then Expo Gas Containers Limited (Expo Gas Containers) You can keep an eye on shares. It is an engineering and construction company that serves oil, gas, petrochemical and other industries. This stock has given strong returns to its investors in a short time. Today, on February 12, the stock got a 5 per cent upper circuit and it has closed at Rs 52.45 on BSE. With today’s rapid rise, the company’s market cap has increased to Rs 119.57 crore. The stock of the stock is Rs 70.64 and 52-Veik is Rs 17.20.
New order received from Indian Oil Corporation
Expo gas containers have recently received a new order from Indian Oil Corporation Limited. This order is worth Rs 15.6 crore. According to the press release of 11 February 2025, the company has received a work order of Rs 15.60 crore from Indian Oil Corporation Limited (Pipeline Division), Western Region Pipelines.
Under this order, maintenance and inspection of crude oil storage tanks will be done in WRPL Chaksu (Group-01) and WRPL Vandinar (Group-02). Out of the total order of Rs 15.60 crore, WRPL has been allocated Rs 7.23 crore for Chaksu (Group-01) and Rs 8.37 crore for WRPL Vadinar (Group-02).
According to the press release of 16 January 2025, the company has received a work order of Rs 5 crore from BPCL. Under this order, maintenance and inspection work, cleaning and 1 Serge Relief Tank will be maintained (M&I) under this order.
Expo Gas Containers Financial
The company registered a 100 per cent increase in revenue, which increased from Rs 15.96 crore in Q2Fy24 to Rs 31.90 crore in Q2Fy25. During the same period, its net profit increased from Rs 0.27 crore to Rs 144 per cent to Rs 0.66 crore.
Investors’ money increased by 21 times in 5 years
Expo gas containers have also given strong returns to their investors in the falling market. This stock has risen 46 percent in the last 6 months. At the same time, in the last one year its investors have received a return of 187 percent. In the last 5 years, this stock has made a strong profit of 2067 percent.
In February 2020, the price of a share of the company was just 2.42 per cent, which has increased to Rs 52.45 in today’s time. That is, in 5 years, its investors’ money has increased more than 21 times.
Expo Gas Containers Business
Expo Gas Containers Limited is an engineering and construction company that produces process plant equipment such as pressure vessels, deeres, reactors and heat exchanges. The company also completes storage tanks, cryogenic tanks, piping and turny projects associated with pipeline work.
Customers of Expo Gas Containers Limited include Samsung Engineering, LG Engineering and Construction Corporation, Hitachi Zoseen Corporation, Gulf Ferbi Petrochemical, Manferostal AG, Mitsubishi Heavy Industries, Galana Refinery, Indian Oil, Bharat Petroleum, Hindustan Petroleum, Gail, Cochin Petroleum, Gail, Cocked Refineries , ONGC, L&T Limited, Jindal Steel & Power etc.
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