Multibagger penny stock under Rs 15: This micro-cap trading company bags a new work order worth Rs 72,98,30,000!

Shares of the company have gained about 35 per cent in the last one year.

IFL Enterprises Limited informed in the exchange filing that the company has bagged a new order worth Rs 72,98,30,000. The order is from an international client, showcasing its commitment to quality. The company is committed to fulfilling this order efficiently and exceeding its client's expectations. This order is expected to boost the company's top line significantly.

The company has also secured commitments for orders worth USD 115 million (Rs 6,096,275,915) over the next 18 months. These orders are expected to contribute significantly to the company's revenue growth and profitability in the long run.

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IFL has signed an MoU with Charter Paper Pty Ltd, an Australian paper products company, to expand its product portfolio and supply high-quality paper products to Australia and neighbouring countries. The MoU includes provisions for mutual investments, and Charter Paper is willing to invest USD 10 million in IFL.

IFL Enterprises is involved in the business of acquisition, and trading of shares, stocks, bonds etc.  It also carries on the business of all kinds of fabrics and other similar products. In the last three years, the shares of the company have delivered multibagger returns of over 1,700 per cent returns.

Today, the stock opened at Rs 15.49, with a high and low of Rs 15.50 and Rs 14.51. The stock is closed trading at Rs 14.56, up by 0.21 per cent.

The stock has shown tremendous growth, and investors should keep a close eye on this stock.

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