Rs 9,05,00,000 order (plus taxes): This micro-cap company receives new order from a leading FinTech Service Company

The stock is up by 52 per cent from its 52-week low of Rs 532 per share.

CWD Limited, a major electronics player, announced receiving a payment order worth Rs 9.05 crore (plus taxes) to supply sound boxes to a leading FinTech Service Company. This order has the potential to grow 3 to 5 times bigger within the next two years, following CWD's previous announcement of a Rs 23 crore order for the design, development, and manufacturing of their soundbox line.

On Tuesday, shares of CWD Ltd gained 3.15 per cent to Rs 810 per cent from its previous closing of Rs 785.25 per share. The stock’s 52-week high is Rs 1,740 and its 52-week low is Rs 532. The company has a market cap of over Rs 280 crore.

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CWD Ltd, founded in 2016, is an information and communication technology company that specializes in designing, developing, manufacturing and selling integrated software-electronic solutions. Their focus is on wireless technologies ranging from short-range radio (NFC, Bluetooth, Wi-Fi) to long-range communication (5G LTE).

They operate in two segments: consumer electronics and enterprise/business technology solutions. CWD offers a variety of products including smart medical devices, vaccine trackers, cattle tracking devices, smart meter conversion kits, employee safety solutions, smart lighting components and Bluetooth modules for various applications.

The stock is up by 52 per cent from its 52-week low of Rs 532 per share. Investors should keep an eye on this micro-cap stock.

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