Add this microcap multibagger to your watch list: it's set to buzz tomorrow after winning a major order from L&T!
So, get ready to be amazed and keep an eye on this stock, because it's a small-cap gem that's proving to be a real game-changer in the market.
NIBE is in the business of trading in electronic components, fabrication materials, job work relating to fabrication works and consultancy in technical projects, etc. Also, company is a service provider in field of design, supply, erection, testing, and also commissioning of Low voltage & Medium voltage lines having substations on turnkey basis. Company was acquired by a new management through an open offer of shares in March 2020.
In FY21, company entered a new Industry by manufacturing and fabricating heavy structures related to Defence directly and indirectly. Company established a Plant in Chakan area for manufacturing of heavy fabricated structures and machinery. Company has also bagged work orders.
The Company has received Four Purchase Order from Larsen & Toubro Limited for Manufacturing of Bridge Center Module Structure and Other Assemblies and Sub-Assemblies of Modular Bridge Project amounting to Rs. 57,33,22,646/- (Rupees Fifty-Seven Crores Thirty-Three Lakhs Twenty-Two Thousand Six Hundred and Forty-Six Only) (inclusive of all taxes and duties).
Hold on to your hats, folks, because we've got some exciting news for you! This small but mighty stock has a market cap of just Rs 399 crore, but it's been making some serious waves in the market lately. In the past year alone, the stock has delivered incredible returns of over 600 per cent, and over the last three years, it's soared a mind-boggling 2900 per cent! As a result, the stock has delivered multibagger returns to it shareholders.
But that's not all - the stock ended Wednesday's trading day with a fantastic gain of 3.71 per cent at Rs 336.55. And here's the kicker - it just received a big order from none other than Larsen & Toubro Limited, which means it's likely to remain in action on Thursday and beyond.
So, get ready to be amazed and keep an eye on this stock, because it's a Small-Cap gem that's proving to be a real game-changer in the market. Who knows - it could be the next big thing that everyone's talking about!