Multibagger Update: This stock that hit back-to-back upper circuits just received a huge work order; do you own it?
Year-to-date the scrip has rallied by 45.19 per cent
Shares of W S Industries (India) have more than doubled in less than one year. Year-to-date the scrip has rallied by 45.19 per cent. In the last few trading sessions, the stock hit back-to-back upper circuits as only buyers were seen in the counter.
The company has recently informed the exchange that it has bagged an order for construction of macro drain project works approximately valued at Rs 46.95 crores (including GST) from a reputed infra player.
WS Industries (India) Limited was established in 1961 with a vision to create an enduring benchmark in India for strategic excellence in electro porcelains. The company currently has two lines of business: manufacture and sale of porcelain insulators up to 1200kV in electrical high voltage transmission, substation and distribution applications; and turnkey projects division for erection, installation and commissioning of electrical high voltage lines and substations and line quality solutions.
Investors should watch out for this buzzing stock in the upcoming trading sessions!