Garuda Construction Achieves 52-Week High Amid Strong Financial Performance and Growth Metrics

Garuda Construction and Engineering has made headlines today as its stock price reached a new 52-week high of Rs. 229.9, marking a significant milestone for the small-cap construction company. This achievement comes after a robust performance, with the stock outperforming its sector by 3.07% and gaining 14.41% over the last three days.
The company has demonstrated impressive financial metrics, including a remarkable net profit growth of 55.27% reported in June, alongside a substantial increase in net sales, which surged by 121.8% compared to the previous four-quarter average. Additionally, Garuda's profit before tax (PBT) and profit after tax (PAT) have also shown significant growth, with increases of 120.5% and 124.9%, respectively.

Garuda Construction and Engineering maintains a strong financial position, characterized by a high return on equity (ROE) of 22.81% and a low debt-to-equity ratio, indicating effective management efficiency. Despite a modest annual operating profit growth of 9.51% over the past five years, the company has consistently delivered positive results for three consecutive quarters, reinforcing its stability in the market.