Stock under ₹60 hits 5% upper circuit after receiving ₹26 Cr order from BPCL 

The shares of Microcap Engineering and Construction Company, which is primarily engaged in the manufacturing of pressure vessels, columns and towers, and others, hit a 5 percent upper circuit in today’s trade after securing an order from Bharat Petroleum Corporation Limited. 

Price Action 

The shares of Expo Gas Containers Ltd, with a total market capitalization of Rs 119.45 Crore on Friday, hit a 5 percent upper circuit at Rs 52.4 per share. The shares have generated multi-bagger returns of 130.8 percent in the past year, 316 percent return in the past three years, and 2,520 percent return in the past five years. 

About the Order 

In its press release dated March 27, 2025, the company announced that it has bagged a work order from Bharat Petroleum Corporation Limited for Tankage M&I Jobs Mechanical Package. The total order value stood at Rs 25.62 Crore, and the order will be executed in 3 3-year periods. 

Previous Orders 

The company previously received notable orders from BPCL and IOCL in January and February 2025. Expo Gas Containers Ltd secured a work order from Indian Oil Corporation Limited (Pipeline Division) for maintenance and inspection work of crude oil storage tanks, with a total order value of Rs 15.6 Crore. Additionally, it received an order from BPCL amounting to Rs. 5.00 Crore for maintenance and inspection of crude oil Tanks.    

Also read: Penny stock skyrockets 15% after receiving order from Tata Steel for transportation of steel products

Financials

The company reported an increase of 69 percent YoY in revenue from operations from Rs 14.96 Crore in Q3FY24 to Rs 25.31 Crore in Q3FY25. Similarly, its Net profit jumped by 131 percent YoY from Rs 0.29 Crore to Rs 0.67 Crore over the same period. 

Client Base

The company serves major industry players like ONGC, BPCL, L7T, Thermax, Cipla, Indian Oil, CPCL, TOYO Engineering, HP, GFL, Hitachi Zosen, and more

About Expo Gas Containers Ltd 

The company provides end-to-end engineering solutions, from design and manufacturing to fabrication and installation. It is also involved in the manufacture of a wide range of process plant equipment, including high-pressure vessels, heat exchangers, reactors, columns, and custom-built fabrications. It serves diverse industries, including oil and gas, green hydrogen, petrochemicals, chemicals, pharmaceuticals, and power, both in India and internationally. 

Written By Adhvaitha Nayani

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