2,000 per cent returns: This micro-cap company receives new orders worth Rs 2,25,00,000 and announces business expansion!

The stock gave multibagger returns of 840 per cent in just 1 year and a whopping 2,000 per cent in 3 years.

 Sprayking Agro Equipment Limited, a leading brass manufacturer, informed that the company has received orders worth Rs 2,25,00,000 for the supply of brass parts.  

Sprayking Agro's dedication to top-tier quality and cutting-edge solutions has paid off big time! They've landed a major contract as the preferred supplier for a high-profile project demanding the best in brass components. This vote of confidence from industry leaders reflects Sprayking Agro's unwavering commitment to craftsmanship, reliability, and exceeding expectations.

Their state-of-the-art facilities and dedication to quality and sustainability have cemented their position as a leader in the brass manufacturing game. It's clear, Sprayking Agro is soaring to new heights in the industrial sector.

Sprayking Agro's track record speaks for itself. Across industries, from agricultural marvels to industrial workhorses, their brass components set the bar for quality and endurance. A major purchase order entrusts them with delivering this same calibre of excellence. With dedication and professionalism etched into their DNA, Sprayking Agro is ready to rise to the challenge. While expanding their global reach, they remain anchored to their core values: innovation, sustainability, and customer satisfaction. Sprayking Agro's future shines bright, forged in brass and built on unwavering commitment.

Big decisions ahead! The Board of Directors will convene on Thursday, January 4, 2024, to consider and vote on the potential business expansion of the company's product range. Earlier, the company received a repeat purchase order worth Rs 1,50,00,000 or Rs 1.5 crore for the supply of brass parts.

Sprayking Agro Equipment Ltd trading & exports Brass items like Brass sanitary fittings, Brass Agricultural items, etc. The company has a market cap of Rs 215 crore. According to the Quarterly Results, net sales increased by 495 per cent to Rs 16.34 and net profit increased by 3,367 per cent to Rs 1.04 crore in Q1FY24 compared to Q1FY23.

Today, shares of Sprayking Agro Equipment Ltd plunged 0.58 per cent to Rs 213.65 per share from its previous closing of Rs 214.90. The stock’s 52-week high is Rs 243.20 and its 52-week low is Rs 25.08.

The stock gave multibagger returns of 840 per cent in just 1 year and a whopping 2,000 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

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