Small-Cap Renewable Engineering Company Bags multiple orders worth Rs 351 Crore Order for Solar Projects; Stock gains over 300 per cent!
Small-Cap Renewable Engineering Company Bags multiple orders worth Rs 351 Crore Order for Solar Projects; Stock gains over 300 per cent!

Small-Cap Renewable Engineering Company Bags multiple orders worth Rs 351 Crore Order for Solar Projects; Stock gains over 300 per cent!

The shares of the company have delivered a return of over 300 per cent to its shareholders.

Rakesh Deshmukh Article rating: 3.7

The shares of the company have delivered a return of over 300 per cent to its shareholders.

Mulitbagger PSU receives Rs 550 crore solar power project from Gujarat Urja Vikas Nigam: Company forecasts big revenue through REIA Mode
Mulitbagger PSU receives Rs 550 crore solar power project from Gujarat Urja Vikas Nigam: Company forecasts big revenue through REIA Mode

Mulitbagger PSU receives Rs 550 crore solar power project from Gujarat Urja Vikas Nigam: Company forecasts big revenue through REIA Mode

Management indicates that the additional income from FY26 to FY30 is estimated to be around Rs 4,000 crores.

Karan Dsij Article rating: 3.9

Over the past year, the stock has surged an impressive 237.54 per cent, establishing itself as a multibagger stock. As of 2024, the stock has already advanced by 28 per cent. In the latest trading session on Thursday, the stock closed approximately 3 per cent higher at Rs 116.45 per share, reaching its 52-week high of Rs 118.90 during the day.

14,185 per cent returns and 1:5 stock split: Renewable energy small-cap multibagger announces bumper results; locked at upper circuit!
14,185 per cent returns and 1:5 stock split: Renewable energy small-cap multibagger announces bumper results; locked at upper circuit!

14,185 per cent returns and 1:5 stock split: Renewable energy small-cap multibagger announces bumper results; locked at upper circuit!

As of December 31, 2023, the unexecuted order book stands at 749+ MW. Additionally, the company has signed a collaboration agreement with "5B Maverick Services PTY Ltd." and has secured a 70MW capacity ground-mounted solar power project.

Karan Dsij Article rating: 4.1

To put this into perspective, an investment of Rs 10,000 in this stock three years ago would have translated to acquiring approximately 455 shares. The same investment would have grown to about Rs 13,04,000 in just three years, showcasing an astonishing financial journey.

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