SME stock big win: Awarded Rs 14,760 lakhs in contracts, total order book jumps to Rs 29,661 lakhs

As if this wasn't impressive enough, these two monumental contracts have catapulted the company's order book to an astonishing Rs. 29,661 Lakhs, combining their pre-existing orders of Rs. 14,901 Lakhs with the newly acquired contracts.

In the fast-paced world of stock exchanges, where opportunities come and go like shooting stars, one recently listed SME stock has left investors astounded with its meteoric rise. Vishnusurya Projects and Infra Ltd, a company that only made its debut on October 10th, has not just made its mark; it has etched a path of astronomical gains for its shareholders.

On a thrilling Friday, the stock price of Vishnusurya Projects and Infra soared to its highest level since listing, hitting an impressive Rs 113, representing a jaw-dropping gain of 4.97 percent. This incredible ascent began with an initial listing price of Rs 73, a slight bump above the issue price of Rs 68.

What makes Vishnusurya Projects and Infra Ltd stand out is not just its sensational stock performance but also its fascinating backstory. This company, born in 1996, has been quietly engaged in the extraction of rough stones and the manufacturing of aggregates and manufactured sand. How do they do it, you wonder? Crushing Plants and Sand washing plants are the tools in their arsenal, transforming raw materials into valuable resources.

However, the real showstopper is the recent announcement made by the company. They've secured two contracts that are sending shockwaves throughout the industry, cumulatively valued at a staggering Rs 14,760 lakhs. The first of these contracts, worth a whopping Rs 14,195 lakhs, was awarded by JWTL Infra Limited. It's for back-to-back work on the Comprehensive Water Supply Scheme (CWSS) for the Chidambaram Municipality.

The second contract, worth Rs 565 lakhs, was bestowed upon Vishnusurya Projects and Infra Ltd by none other than the Fisheries and Fishermen Welfare Department, Government of Tamil Nadu. This contract is set to establish a state-of-the-art fish landing center at Pudhupakkam and Anichankuppam Village in Villupuram District.

As if this wasn't impressive enough, these two monumental contracts have catapulted the company's order book to an astonishing Rs. 29,661 Lakhs, combining their pre-existing orders of Rs. 14,901 Lakhs with the newly acquired contracts. Vishnusurya Projects and Infra Ltd is proving to be a shining star in the SME stock universe, and its journey is nothing short of remarkable. Investors and industry-watchers are now looking to the skies with bated breath to see just how high this stock can soar.

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