Multibagger stock below Rs 20: This small-cap company receives multiple orders worth Rs 1,11,24,856!
The stock gave multibagger returns of 276.35 per cent from its 52-week low of Rs 4.65.
Today, shares of SBC Exports Ltd surged 4.35 per cent from their previous closing of Rs 16.77 per share to an intraday high of Rs 17.50. The stock also traded at a new 52-week high of Rs 17.50.
Recently, SBC Exports Ltd received a work order for providing office support, project management support and rollout services that have been awarded to us by Director General Accounts and Treasuries through NICSI, New Delhi vide work order No. M2207206. The aggregate purchase order cost of the work order is Rs 75,69,016.
Also, the company have received another work order for providing office support, project management support and rollout services has been awarded to them by Department of Chief Construction Engineer (R&D) Estates, Hyderabad through NICSI, New Delhi vide Work Order No. M2207213. The aggregate purchase order cost of the said work order is Rs 35,55,840.
SBC Exports Ltd was incorporated in 2011 with a market cap of Rs 355 crore. It is engaged in the trading & manufacturing of garments, manpower supply services and tour operator services. Currently, the company has 70 distributors in India and receives an average of 75 new projects every year. The corporation has reported excellent results in its quarterly and annual financial statements.
The stock gave multibagger returns of 276.35 per cent from its 52-week low of Rs 4.65. Investors should keep an eye on this Small-Cap stock.