Stock under Rs 40: This micro-cap company has received 3 orders worth Rs 2,44,27,352!
The stock has a 52-week high of Rs 58.05 and a 52-week low of Rs 26.45.
TCM Ltd informed the exchange (BSE script code: 524156) that it has received 3 orders from Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of Kerala for the design, supply, installation and commissioning of grid connected SPV power plants in public buildings at Thiruvananthapuram under Solar City Project.
The orders include 160 kw- Rs 89,72,754 one work order at LBS College of Engineering, Poojappura, 140 kw Rs 78,48,224 one work order at Regional Institute of Opthalmology, Kunnukuzhy, 135 kw Rs 76,06,374 one work order at Government Ayurveda College Campus.
TCM Ltd manufactures medical products, GPS-enabled automatic headlight beam assist systems for vehicles under the brand name of ENSO and the business of setting up and commissioning solar power plants. The shares of the company saw a spurt in volume by more than 3 times BSE.
DSIJ offers a service 'PAS' which provides stock recommendations that have the potential to generate excellent returns on your portfolio. If this interests you, then do download the service details pdf here
The shareholding pattern of the company where promotors hold a 47.25 per cent stake, DIIs hold a 10.03 per cent stake and the rest is owned by the general public which is 42.72 per cent as of December 2022.
On Thursday, shares of TCM Ltd plunged 0.68 per cent to Rs 36.45 per share from its previous closing of Rs 36.70 with an intraday high of Rs 40 and low of Rs 34.80. The stock has a 52-week high of Rs 58.05 and a 52-week low of Rs 26.45. Investors should keep an eye on this stock.