Multibagger Penny Stock: This micro company receives a supply order worth USD 8,16,1000!

Shares of the company have gained more than 350 per cent in the last one year.

IFL Enterprises Limited announced in a recent exchange filing that it has received a supply order from Frereana Holding Limited for writing books, textbooks, bond paper, and copier paper, with a total value of USD 8,161,000. The order will be completed within a year and consists of 85 cm writing printing paper with paper quality of 52 gsm white paper and minimum 80 brightness, 90 cm writing printing paper with paper quality of 58 gsm white paper and minimum 92 brightness, and 58.5 * 91.5 art paper with paper quality of 100 gsm.

The company's shares have gained over 350 per cent in the past year, closing trading at Rs 13.10, down by 6.09 per cent after opening at Rs 14.85, with a high and low of Rs 15.05 and Rs 12.80, respectively. With a market capitalization of Rs 297 crore, the company is a constituent of Group B stocks.

Over the past six months, the shares of IFL Enterprises have given returns of more than 49 per cent, and over the past year, the stock has given a whopping 390 per cent returns. The stock has a 52-week high of Rs 16 and a 52-week low of Rs 2.21. The company currently has a ROCE and ROE of -3.34 per cent.