Multibagger returns of 1,155.65 per cent: This small-cap company has received an order worth Rs 58.24 crore!

The stock has a 52-week high of Rs 431.80 and a 52-week low of Rs 64.25.

On Friday, shares of Advait Infratech Ltd surged 5 per cent upper to Rs 322.45 per share from its previous closing of Rs 307.10. The shares of the company saw a spurt in volume by more than 2.53 times on BSE.  

Advait informed BSE that the company received an order for the supply, live line and installation of optical fiber ground wire (OPGW) and its hardware and accessories on April 05, 2023, worth Rs 58.24 crore.  

Advait Infratech Ltd is engaged in the business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects, installation of power transmission, telecom products, etc.   

Talking about the financials, Advait Infratech has a market cap of Rs 327.52 crore. The company reported excellent numbers in its Quarterly Results and annual results. The stock has a 52-week high of Rs 431.80 and a 52-week low of Rs 64.25.   

The stock gave multibagger returns of 377.70 per cent in just 1 year whereas BSE Sensex Index is just up by 1.35 per cent. The shares of Advait Infratech were listed on October 1, 2020 and till date, the stock has given returns of 1,155.65 per cent. Investors should keep a close eye on this Small-Cap stock.