Rs 381,18,56,819 Order Received: Dhiraj Kumar Lohia Stock Locked at Upper Circuit; Multibagger Returns in Just 3 Months

The stock has rewarded its shareholders with mutlibagger returns, rising by 111 per cent in just three months

Ceinsys Tech Limited, a Small-Cap stock, has made headlines by securing a significant Rs 381.19 crore order (Rs 381,18,56,819) and delivering multibagger returns of 111 per cent in just three months. With its shares locked at the upper circuit on Friday, 10 January 2025.

Ceinsys Tech Limited received a Letter of Intent (LoI) from Vidarbha Irrigation Development Corporation for the Wainganga-Nalganga River Link Project. The project entails detailed surveys, investigations, hydrology studies, and design estimations for canals, pipelines, tunnels, and other critical infrastructure. This ambitious project spans districts such as Nagpur, Wardha, and Yavatmal in Maharashtra.

Valued at Rs 381,18,56,819, the consultancy project highlights Ceinsys Tech’s expertise in handling large-scale assignments. With a six-month execution timeline, this order marks a significant milestone for the company.

Renowned investor Dhiraj Kumar Lohia’s hold 1.01 per cent  stake in the company. 

Ceinsys Tech has rewarded its shareholders with mutlibagger returns, rising by 111 per cent in just three months. Share price of Ceinsys Tech as of 10:03 AM is locked at 5 per cent upper circuit. 

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