Multibagger stock below Rs 20: This small-cap company received a work order from Rajasthan State Health Assurance Agency!

Shares of the company have gained about 90 per cent in the last six months.

On March 20, 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 to 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.

Earlier the company also received a work order from the department of Chief Construction Engineer (R&D) Estates, Hyderabad worth Rs 35,55,840, and from Director General Accounts and Treasuries through NICSI, New Delhi worth Rs 75,69,016.

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. Govind Gupta is the MD of the company.

Today, the stock opened at Rs 17.00, with a high and low of Rs 17.09 and Rs 16.59. The stock, during early market hours, is trading at Rs 16.67, up by more than 0.70 per cent. The stock has a 52-week high of Rs 17.81 and a 52-week low of Rs 4.65. 

SBC Exports Limited has delivered multibagger returns to its shareholders with over 200 per cent returns in just 1 year.