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Multibagger penny stock under Rs 80: This micro-cap company bags new order worth Rs 110,61,79,200 from Uttar Pradesh Development Systems Corporation Ltd!
Kiran Shroff

Multibagger penny stock under Rs 80: This micro-cap company bags new order worth Rs 110,61,79,200 from Uttar Pradesh Development Systems Corporation Ltd!

From Rs 17.67 per share to Rs 77.17 per share, the stock gave multibagger returns of over 330 per cent in 3 years.

We Win Ltd informed that the company has received an order work order for the selection of a call centre agency for the establishment & operation of the Chief Minister Helpline in the State of Uttar Pradesh (UP). The order is received from Uttar Pradesh Development Systems Corporation Limited (UPDESCO), a UP Government Undertaking, 24 Floor, UPTRON Building, Near Gomti Barrage, Gomti Nagar, Lucknow (UP). The total value of the project for 4 years is Rs 110,61,79,200 and is further extendable for 2 years as per requirements.

Earlier, the company received a work order for the selection of a call centre service provider (CSP) for the State Health Authority, Uttarakhand. The total value of contracted work is Rs 2,14,05,600 and will be completed within 2 years from LOA.

Today, shares of We Win Ltd hit a 5 per cent upper circuit to Rs 77.17 per share from its previous closing of Rs 73.50. The stock’s 52-week high is Rs 109.52 and its 52-week low is Rs 34.50. The shares of the company saw a spurt in volume by more than 1.85 times on BSE. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.

We Win Ltd, formerly known as Surevin BPO Services Limited, is a BPO company founded in 2007. It offers Customer Relationship Management (CRM) services, including call centres and support centre services. The company is the world's largest non-emergency integrated grievance provider and delivers B2B third-party customer service in 20 languages to over 100 different businesses in India.

The company has a market cap of Rs 78.41 crore. From Rs 17.67 per share to Rs 77.17 per share, the stock gave multibagger returns of over 330 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

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

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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