Stock under Rs 10: This multibagger penny stock bags work orders worth Rs 9.25 crore!
The stock has jumped more than 300 per cent in the last 6 months.
On June 20, 2023, Vivanta Industries Limited informed in the exchange filing that the company has bagged the order worth of Rs 9,25,00,000 for installation, commissioning, integration, training and support for content library solutions. The order is received from Technowire Data Science Limited and is to be completed in one year.
The order involves a maintenance contract of Sirius & Dell hardware which includes installation, commissioning, integration, training and support for content library solutions. And installation of A 3RU IQ frame featuring dual redundant power supply units (PSUs) and dual redundant 2460 controllers. 16 serial ports, and 16 GPI ports.
Vivanta Industries Limited is engaged in the business of trading various steel products, and electronic items and dealing in shares & security. On February 13th 2023, the shares of the company were Sub-Divided from 1 Equity Share of Rs. 10/- into 10 Equity Shares of Face Value of Re. 1/- each Fully Paid-up.
In the last six months, the shares of Vivanta Industries Limited have given multibagger returns of 310 per cent and on a YTD basis, the stock has given about 250 per cent returns. The BSE group 'XT' stock of face value of Rs. 1.00.
The company has a ROCE of 9.84 per cent and an ROE of 9.73 per cent, with a market capitalisation of Rs 73 crore.
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