Multibagger penny stock below Rs 20: This small-cap company receives orders worth Rs 99.47 lakh!

Shares of the company have gained about 100 per cent in the last six months.

On March 28, 2023, SBC Exports Limited informed in the exchange filing that the company received a work order for providing office support, project management support and rollout services has been awarded by Rajiv Gandhi Shiksha Mission, CG through NICSI, New Delhi vide work order No. M2207500. 

Earlier the company also received a work order for providing office support, project management support and rollout services has been awarded from the company by the department of Rajasthan State Health Assurance Agency through NICSI, New Delhi with work order No. M2207290. The aggregate purchase order cost of the work order is Rs 10.05 lakh. 

SBC Exports Ltd was incorporated in 2011. It is engaged in the trading and manufacturing of garments, manpower supply services & tour operator services. Currently, the company has 70 distributors in India, and receives an average of 75 new projects every year. Govindji Gupta is the MD of the company. 

Today, the stock opened at Rs 18.16, with a high and low of Rs 18.35 and Rs 17.66. The stock closed trading at Rs 18.29, up by 1.16 per cent over its previous close of Rs 18.08. The stock has a 52-week high of Rs 18.65 and a 52-week low of Rs 4.65. SBC Exports Limited has delivered multibagger returns to its shareholders with about 200 per cent returns in just 1 year.