Penny stock under Rs 100: This micro-cap company receives single largest order worth Rs 112,74,62,400 from Mangalore Refinery and Petrochemicals Limited
The stock skyrocketed over 90 per cent from its 52-week low of Rs 44.25 to its 52-week high of Rs 84.39.
BGR Energy Ltd informed exchanges that the product business division of the company has received the single largest order from Mangalore Refinery and Petrochemicals Limited for the supply of Air-Cooled Heat Exchanges (ACHE). The contract value is Rs 112,74,62,400 (including taxes and duties) and will be delivered within 12 months.
BGR Energy Systems Ltd., a company founded in 1985, manufactures capital equipment for power plants, petrochemical industries, refineries, and process industries. The company also undertakes turnkey balance of plant (BOP) and engineering, procurement, and construction (EPC) contracts for power plants. The company has a market cap of Rs 591 crore with a 3-year stock price CAGR of 35 per cent.
Today, shares of BGR Energy Ltd plunged 0.86 per cent to Rs 81.95 per share with an intraday high of Rs 84.39 per and an intraday low of Rs 81.45 per share. The stock also made a new 52-week high of Rs 84.39 per share with a spurt in volume by more than 3.62 times on BSE.
According to the shareholding pattern, promoters own the majority of the stake i.e., 75 per cent stake. FIIs own 0.03 per cent stake, DIIs own 0.26 per cent stake and the rest 24.71 per cent stake is owned by the public.
The stock skyrocketed over 90 per cent from its 52-week low of Rs 44.25 to its 52-week high of Rs 84.39. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
Related articles
-
Multibagger penny stock under Rs 50: This construction company receives new order worth Rs 230 crore for redevelopment project in Mumbai!
-
Multibagger penny stock under Rs 70: This micro-cap civil construction company receives new work orders worth Rs 47.35 crore; scrip hit 20 per cent upper circuit!
-
Multibagger penny stock at Rs 42 with 1,800 per cent returns: This micro-cap company imports new high-tech machinery worth Rs 1 crore to boost production and enter new markets
-
Multibagger penny stock at Rs 63: This iron & steel company bags new order worth Rs 10.75 crore from Bansal Wire Group
-
Penny stock at Rs 9.43: This micro-cap company bags new order worth Rs R 2,94,65,496 from U.P. Power Transmission Corporation Ltd
-
Multibagger penny stock below Rs 6: This micro-cap company receives fresh orders worth Rs 11,00,00,000; details inside!
-
High ROE & high ROCE penny stock under Rs 20: This micro-cap IT company bags new order worth Rs 2,00,00,000 from BIZNET
-
Penny stock under Rs 6 in green as the company bags new orders worth Rs 50 crore and announces new subsidiary in Dubai
-
Penny stock below Rs 5: This specialty chemicals company bags largest-ever export order worth Rs 165 million from Yusuf Bin Ahmed Kanoo Group
-
Multibagger penny stock at Rs 52 in green after the company bags new order worth Rs 14,93,39,000 from Gujarat Energy Transmission Corporation Ltd
-
Multibagger penny stock below Rs 15: This civil construction company bags new order worth Rs 20,74,73,044 from Office of the Executive Engineer, Public Work Department, M.P.
-
Penny stock under Rs 25 and promoters sold 5,58,000 shares: This micro-cap company bags new order worth Rs 4,78,14,540 from PMBI
-
Multibagger penny stock at Rs 22: This electrical equipment company bags new orders worth Rs 40,00,00,000 in West Bengal
-
Multibagger penny stock at Rs 11 with 2,400 per cent returns: Government of India has chosen SFL for rice distribution in the Union Territory of Jammu & Kashmir – details inside!
-
Multibagger penny stock under Rs 10: This micro-cap company bags huge export order worth Rs 14,19,00,000
-
Multibagger penny stock under Rs 100 & Rs 2,845 crore order book: This civil construction company bags new order worth Rs 416 crore from Capgemini Technology Services India Ltd!
-
Penny stock under Rs 15: This micro-cap company with m-cap of less than Rs 20 crore bags new export order worth Rs 136 crore from Marlexx Pharma Inc!
-
FIIs bought 10,41,65,000 shares of this multibagger penny stock under Rs 10: Company sets up JV to manufacture smart meters; hit 52-week high!
-
Low PE penny stock under Rs 25: This micro-cap company bags new orders from US customers!
-
Multibagger penny stock under Rs 25: This micro-cap company bags new export order worth USD 50,000 from United States of America!