This penny stock bags work orders more than its market cap; do you have it?

The stock has jumped more than 29 per cent in the last 6 months.

On January 18, 2023, Vivanta Industries Limited informed in the exchange filing that it has won two work orders worth Rs 52 crore. The company has entered into an agreement with Sarthak Multispecialty Hospital LLP Dahod, Gujarat for the execution of a hospital with a capacity of up to 165 beds to be constructed at Katwara, Indore Highway Dahod, Gujarat.

For the second order, the company has entered into a joint venture agreement with Tamy General Trading Co Ltd. The joint venture will conduct its business under the name of South Sudan Analytical Laboratory.

The company is engaged in the business of trading various steel products, and electronic items and dealing in shares & security.

Today, the stock opened at Rs 24.30 with a high and low of Rs 24.30 and Rs 24.30. The stock is currently trading at Rs 24.30, up by 4.97 per cent.

In the last six months, the shares of Vivanta Industries Limited have given more than 29 per cent returns and on a YTD basis, the stock has given about 15.5 per cent returns. The BSE group 'XT' stock of face value of Rs. 10.00.

The stock has a 52-week high of Rs 40.30 and a 52-week low of Rs 12.16. The company has a ROCE of 0.80 per cent and an ROE of 1.04 per cent, with a market capitalisation of Rs 23.2 crore.