This multibagger company zooms more than 9 per cent in today’s session to make a new 52-week high

The company has witnessed heavy buying in the last 6 months as it has given multibagger returns zoomed more than 101 per cent

On Tuesday, shares of Integra Engineering India zoomed more than 9 per cent to make a new 52-week high of Rs 127.90.   

For the quarter ended December 31, 2022, the revenue of the company zoomed by more than 38 per cent from last year’s same quarter to Rs 36.88 crore. The operating income of the company witnessed a spike of more than 79 per cent from December 2021 quarter to Rs 6.39 crore. The company’s net profitability of the company jumped by more than 320 per cent from the corresponding quarter last year to Rs 9.12 crore.  

Integra Engineering India Limited (IEIL) manufactures specialized products for its core sectors in power and transport. The products in transport primarily cater to Indian Railways, both in railway signalling & control and rolling stock. In addition to that, the company manufactures standard industrial enclosures for various segments. The company’s clients include Indian Railways, BHEL, Crompton Greaves, Toshiba, ABB, Siemens, Bombardier, etc.  

The company has witnessed heavy buying in the last 6 months as it has given multibagger returns zoomed more than 101 per cent. In the past one month itself, the stock has surged more than 29 per cent. Keep a close eye on this trending multibagger stock.