Back-to-back upper circuit low price multibagger stock; This transformers manufacturer recently bagged orders worth Rs 10,41,09,040, over 170 per cent returns in just three months!
The company's shares have delivered an impressive return of around 785 per cent in the just six months only.
The shares of this multibagger low-price Small-Cap company are consistently hitting upper circuits. Incorporated in 1976, Marsons specialises in manufacturing transformers with a capacity range of 100 MVA in the 132KV class. The company recently secured significant orders on May 07, 2024.
Marsons Order Details:
The company announced that it has received orders worth over 10 Cr from various Northeastern States under the ROSS scheme. With the receipt of this order, Marsons has further strengthened its foothold in the Northeastern region. The company is optimistic about establishing a dominant presence in the Northeast as the requirement in this region is expected to peak over the course of this year.
The client names are Star Infratech and Dhar Construction, while the end client's name is MePDCL (Meghalaya), for the supply of 627 transformers, with the order value amounting to Rs 10.41 crore.
Also read 3 F&O stocks to keep on your radar for today, with Marubozu candle!
Share Performance and Financials Performance of Marsons
Today, the company's stock is at around Rs 56.56 per share on the BSE, with a market capitalisation of Rs 791.84 crore. Additionally, the stock has delivered a multibagger return of around 835 per cent in the past one year. The company has not yet released its Quarterly Results for Q4 FY24.
In Q3 FY24, Marsons reported revenue of Rs 0.65 crore, representing a year-on-year de-growth of 64 percent from Rs 1.83 crore in the same quarter last year. The company posted an operating profit of Rs 0.32 crore, compared to a profit of Rs 0.44 crore in the same quarter last year. The company’s net profit stood at Rs 0.15 crore in the December quarter.
Furthermore, the company posted a net profit in FY23 after experiencing back-to-back losses for the past 6 years. It is set to announce its annual results soon.
Investors must keep this small-cap multibagger stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Related articles
-
Under Rs 150: Marine and Defence Company Secures Contract Worth Rs 20,82,00,000 for LT and HT Panels; Stock Hits Upper Circuit Today!
-
Rs 5,690 Crore Order Book: This PSU Civil Construction Company bagged Order Worth Rs 39,63,00,000 from Tata Steel!
-
This Multibagger Power Transmission Company Bags Order Worth Rs 16,27,00,000 from Gujarat Energy Transmission Corporation; Must watch
-
Rs 832 Crore Order Book: Oil Drilling Company Bags Order Worth Rs 37,71,00,000 from Sun Petrochemicals; FIIs and DIIs Increase Stake!
-
Under Rs 100: Airport Service Company Secures Rs 1,45,25,000 Order for ARMO of E&M Installation at Shillong Airport; Stock Hits Upper Circuit Today
-
LIC-backed Marine Company Bagged Order Worth Rs 2,015 Crore; Stock Hits Back-to-Back Upper Circuit for 2 Days, Mukul Agrawal Bought 5,05,000 Shares!
-
Under Rs 50: Renewable Energy Company Secures Order for 103.95 MW Wind Power Project for AMPIN Energy Transition; Stock Gains Over 240 per cent in Just 1 Year
-
Rs 733 Crore Order Book: Ashish Kacholia's Portfolio Company Secures Orders Worth Rs 5,86,00,000; Stock Rallies Over 8 per cent Today!
-
This Engineering Component Manufacturer Secures Orders for Supply of Molded White Plates; Stock Rallies Over 16 per cent Today
-
Rs 85,000 Crore Order Book: This Railway Infra Company bagged Order Worth Rs 156.47 Crore from Southern Railway; Secured Back-to-Back 4 orders worth Rs 1,449 Crore in just 1 week!
-
Multibagger IT Company Bagged Order Worth Rs 70,00,00,000; Heavy Buying, Hits Upper Circuit, Stock Gains Over 140 per cent in Just 6 Months
-
Rs 4,700 Crore Order Book: This Railway Infra Company Bags Orders Worth Rs 81,45,64,548; Stock gains over 180 per cent in just 1 year!
-
Multibagger Engineering Company Bags Orders Worth Rs 126.15 Crore from Guwahati International Airport; Turns Profitable after 5 Years of Losses
-
Rs 1,210 Crore Order Book: Multibagger Small-Cap Company Bags Order Worth Rs 56,00,00,000 from ONGC; Must Watch
-
Rs 3,646 Crore Order Book: Small-Cap Railway Infrastructure Company Bags Rs 547 Crore Order from RVNL; Stock Hits Upper Circuit Today!
-
This mining and mineral micro-cap company secured an order worth Rs 8,48,87,000 from Vedanta!
-
This wires and cable manufacturer bagged an order worth Rs 177,83,00,000, PAT surged by 1,400 per cent in FY24!
-
Multibagger semiconductor company bagged an order worth Rs 568 crore from the Centre for Development of Advanced Computing, complete details inside!
-
Rs 4,26,00,000 worth order bagged by this multibagger small-cap company from the Indian Army for submachine guns 9x19 mm machine pistol; must watch!
-
Multibagger railway infra company bagged 3 orders worth Rs 8,29,40,000 across various Indian railways zones; must watch!