3,280 per cent returns: This micro-cap company receives order worth Rs 104.49 crore from APM Terminal, Kingdom of Bahrain!

The stock gave multibagger returns of over 3,280 per cent in a decade.

Bhageria Industries Limited (BSE Code: 530803 and NSE Symbol: BHAGERIA) a leading player in the speciality chemical & renewable energy segment, announced its one turnkey international solar engineering, procurement, and construction (Solar EPC) projects with comprehensive operation & maintenance and waterproofing in APM Terminal, Kingdom of Bahrain.

Aggregating to a capacity of 11.40 MWp, this project has a total order value of Rs 104.49 crore (including comprehensive O&M and waterproofing), without taking taxes into account. With this order wins, Bhageria Industries Limited will gain access to a large market that is full of dynamism, vibrancy and untapped potential for renewable energy solutions that deliver positive impacts on both the Indian and Bahrain markets.

Bhageria Industries is engaged in the manufacturing and trading of dyes & dyes intermediates and the generation and distribution of solar power. The company's product portfolio consists of dozens of dyes/ dyes intermediates, pigments, pigment intermediates and dyestuffs.

The company has a market cap of over Rs 700 crore and has been maintaining a healthy dividend payout of 26.1 per cent. Additionally, the company reported positive numbers in its Quarterly Results and annual results.

On Thursday, shares of Bhageria Industries Ltd plunged 0.43 per cent to Rs 162.05 per share with an intraday high of Rs 166.10 and an intraday low of Rs 161.35. The stock gave multibagger returns of over 3,280 per cent in a decade. Investors should keep an eye on this micro-cap stock.

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