4,000 per cent returns: Multibagger micro-cap company receives orders worth Rs 273.17 crore from Public Health & Municipal Engineering Department!

4,000 per cent returns: Multibagger micro-cap company receives orders worth Rs 273.17 crore from Public Health & Municipal Engineering Department!

Kiran Shroff
/ Categories: Trending, Multibaggers

The stock gave multibagger returns of 523.29 per cent in just 6 months and over 4,000 per cent in 1 year.

TRL informed that the company has received orders worth Rs 273.17 crore from Public Health & Municipal Engineering Department, Government of Andhra Pradesh. Details below:

Order No - 1: For providing stormwater drainage network, improvement of outfalls & construction of sewage treatment plant (STP) & WTP in Proddatur Municipality under EPC mode. The order is worth Rs 159.22 crore and will be completed within 24 months from LOI.

Order No – 2: For Remodelling of existing water supply distribution pipeline and construction of ELSRs (4 Nos) with full SCADA for Public Health & Municipal Engineering Department, Government of Andhra Pradesh under Jal Jeevan Mission. The order is worth Rs 113.95 crore and will be completed within 24 months from LOI.

On Wednesday, shares of Taylormade Renewables Ltd (TRL) jumped 5 per cent upper circuit to Rs 563.45 per share from its previous closing of Rs 536.55. The stock also made a new 52-week high of Rs 563.45 per share with a spurt in volume by more than 2 times on BSE.

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Taylormade Renewables Ltd is a company that provides renewable energy solutions. The company has developed cutting-edge technologies for hazardous wastewater treatment and zero liquid discharge. The company has a market cap of Rs 553.58 crore with a 5-year CAGR of 79 per cent.

The stock gave multibagger returns of 523.29 per cent in just 6 months and over 4,000 per cent in 1 year. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

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