{"id":148626,"date":"2026-07-13T12:27:20","date_gmt":"2026-07-13T06:57:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=148626"},"modified":"2026-07-13T12:27:21","modified_gmt":"2026-07-13T06:57:21","slug":"small-cap-psu-stocks-multibagger-potential-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/small-cap-psu-stocks-multibagger-potential-2026\/","title":{"rendered":"3 Small-Cap PSU Stocks With Multibagger Potential in Defence and Railways"},"content":{"rendered":"
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GRSE mkt cap Rs 31,230 Cr, order book Rs 15,320 Cr. BDL mkt cap Rs 42,710 Cr. IRCON mkt cap Rs 12,355 Cr, order book Rs 24,984 Cr.<\/em><\/p>\n

Garden Reach Shipbuilders<\/a>, Bharat Dynamics<\/a> and IRCON International<\/a> are three small-cap PSU stocks with multibagger potential, each carrying order books that are large multiples of their current annual revenue in defence shipbuilding, missile systems and railway infrastructure.<\/p>\n

Small-cap PSU stocks with multibagger potential typically combine a market capitalisation below the large-cap threshold with disclosed order books that provide multi-year revenue visibility, a combination that has historically preceded sharp re-ratings in India’s PSU space since 2022.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

This article examines GRSE, BDL and IRCON as small-cap PSU stocks with multibagger potential, along with the order book dynamics and risks investors should track.<\/p>\n

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