12,000 Per Cent Multibagger Returns: Metro Machine Supplier Bags New Order Worth Rs 2,50,00,000 From Larsen & Toubro Ltd
The stock gave multibagger returns of 500 per cent in 1 year, 5,100 per cent in 5 years and a whopping 12,000 per cent in 10 years.
Trishakti Industries Limited has secured a significant contract from Larsen & Toubro Limited (L&T) to supply machines worth Rs 2,50,00,000 for their ongoing Kolkata Metro Project. This domestic order signifies a crucial win for Trishakti, solidifying its presence in the infrastructure sector. Trishakti demonstrates its commitment to delivering cutting-edge solutions by providing high-capacity equipment for such large-scale projects. This contract is expected to positively impact the company's financial performance in the coming quarters.
This domestic order from L&T involves the immediate supply of machines for their Kolkata Metro Project. The contract duration is set at 6 months, highlighting the urgency and importance of this project. This win underscores Trishakti's ability to meet the demands of major infrastructure players like L&T and contribute to the successful execution of significant projects like the Kolkata Metro.
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Trishakti Industries Limited provides infrastructure and oil & gas exploration services. The company engages in multiple business sectors including logistics and infrastructure, oil and gas, food-related items, and agency services. Trishakti Industries serves customers worldwide.
The company has a market cap of Rs 296 crore with a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 500 per cent in 1 year, 5,100 per cent in 5 years and a whopping 12,000 per cent in 10 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.