One of the micro-cap infrastructure stocks engaged in the construction and development of residential and commercial properties, focusing on delivering quality infrastructure and innovative designs in Vadodara, Gujarat. The stock has hit a 5 percent upper circuit after acquiring a 70% stake in Daxon Aluminium Private Limited for entry into the aluminum manufacturing sector.
Stock Price Movement
With a market capitalization of Rs. 268.44 crores, the shares of V R Infraspace Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 302.30 per share on Wednesday, up from its previous closing price of Rs. 287.95 per share.
What Happened
V R Infraspace Limited has announced a strategic acquisition of a 70% stake in Daxon Aluminium Private Limited for ₹56,000, marking its entry into the aluminum manufacturing sector.
The newly incorporated Daxon Aluminium, which produces aluminum tubes, coils, foils, and extrusions, will become a subsidiary of V R Infraspace. This acquisition will be set to be completed by early February 2025 and aligns with V R Infraspace’s diversification strategy into aluminum manufacturing.
Services and Projects
V R Infraspace specializes in residential projects offering luxurious living spaces and commercial developments designed to enhance business environments.
The company is committed to delivering landmark projects that add significant value to clients and communities, demonstrating excellence in project management and construction.
Also read….
Recent quarter results and ratios
V R Infraspace Limited’s revenue has increased from Rs. 7.27 crore in H1 FY24 to Rs. 13.14 crore in H1 FY25, which has grown by 80.74 percent. The net profit of V R Infraspace Limited has also grown by 61.54 percent, from Rs. 1.04 crore in H1 FY24 to Rs. 1.68 crore in H1 FY25.
V R Infraspace Limited’s revenue and net profit have grown at a CAGR of 13.48 percent and 44.22 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE should be 11 percent and 9.78 percent, respectively. V R Infraspace Limited is a debt-free company and its EPS is to be Rs. 2.56.
Shareholding pattern
In September 2024, V R Infraspace Limited had a majority stake held by the promoters at 72.97 percent and the public at 27.03 percent.
Company Overview
V R Infraspace Limited is based in Vadodara, Gujarat, and specializes in residential and commercial real estate development. The company is known for its focus on quality infrastructure, innovative designs, and premium construction materials, establishing itself as a trusted name in the region’s real estate market.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
