Multibagger stock from its 52-week low: This small-cap company secures an order valued Rs 6.19 crore!

The stock gave multibagger returns of 108.34 per cent from its 52-week low of Rs 98.40 per share.

On Monday, shares of Career Point Ltd, one of the Top Gainers on BSE, surged 9.33 per cent to Rs 205 per share with an intraday high of Rs 207.50 and a low of Rs 182.50. The stock also traded at a new 52-week high of Rs 207.50.  

Career Point Limited (NSE: CAREERP, BSE: 533260), a leading education company has been sanctioned an order by NTPC Limited for delivery of online coaching services.   

The order valued Rs 6.19 crore is to provide online coaching to 1000 wards of NTPC employees studying in class VIII to XII. Under this agreement, Career Point’s online tutorial services will be offered to the wards of NTPC employees PAN India, who are preparing for various competitive examinations including Pre-Engineering, Pre-Medical and NTSE and Olympiads.  

Career Point Ltd. offers courses to prepare for examinations. The company prepares students who intend to study engineering and medicine. Today, shares of the company saw a spurt in volume by more than 2.65 times on BSE.   

Talking about the financials, Career Point has a market cap of Rs 372.96 crore. The company reported excellent results in its Quarterly Results and annual results.  

The stock gave multibagger returns of 108.34 per cent from its 52-week low of Rs 98.40 per share. Investors should keep an eye on Small-Cap multibagger stock under their radar.