250 per cent returns in a year and Rs 278 crore order win: This multibagger defence & aerospace stock bags back-to-back new orders!

Shares of the company have gained more than 100 per cent in the last six months.

CFF Fluid Control Limited has secured a contract worth Rs. 10.46 crore from Material Organisation, Mumbai. This domestic contract involves the procurement of spare parts for the P75 Project. CFF will be responsible for supplying critical spares to support this strategic project. The delivery of these parts is expected to be completed by January 2025, ensuring the project stays on schedule. This win strengthens CFF's position as a supplier of essential equipment for India's defence sector.

Recently, CFF Fluid Control has secured two more contracts totalling Rs. 276.52 crore. The larger contract, valued at Rs. 266.94 crore (including tax), involves supplying Low Frequency Variable Depth Sonar (LFVDS) to Garden Reach Shipbuilders & Engineers Ltd for their anti-submarine warfare shallow water craft project. This domestic order has a long lead time with delivery expected by June 2032.

The second contract, worth Rs. 9.58 crore (including tax), is for the procurement of Spare P75 Project from Material Organisation, Mumbai. This domestic contract has a shorter turnaround time with delivery expected by December 2024. These wins highlight CFF Fluid Control's contribution to India's defence sector.

CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing shipboard machinery. The company manufactures critical component systems and test facilities for submarines and surface ships for The Indian Navy. The shares of CFF Fluid Control Limited have also delivered multibagger returns of over 250 per cent in the last one year.

The stock has shown tremendous growth, and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.