3,514 per cent returns from its 52-week low: This micro-cap company receives an order worth Rs 8.11 crore!

Kiran Shroff / 2-May, 2023

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3,514 per cent returns from its 52-week low: This micro-cap company receives an order worth Rs 8.11 crore!

As of March 2023, the company's shareholding pattern is promotors holding a maximum stake of 63.02 per cent.

On Tuesday, shares of Taylormade Renewables zoomed 1.66 per cent to Rs 316.20 per share from its previous closing of Rs 311.05 with an intraday high of Rs 322.40 and low of Rs 316.10.

Taylormade Renewables announced that it has received a work order for TRL RAIN Technology Plant (Low-temperature evaporation system) with installation worth Rs 8.11 crore from Deepak Phenolics Limited, 1st Floor, Aditya –II, Chhani Road, Vadodara -390024 for its 12B/1, GIDC, Dahej Industrial Estate, Dahej, District Bharuch, Gujarat - 392130 plant. The order will be completed within 5-6 months from the date of LOI.

Taylormade Renewables is a company that provides renewable energy solutions. The company has developed cutting-edge technologies for hazardous wastewater treatment and zero liquid discharge.

According to finance, Taylormade Renewables company has a market cap of over Rs 300 crore with a 1-year CAGR of 2,100 per cent. As of March 2023, the company's shareholding pattern is promotors holding a maximum stake of 63.02 and the general public owning 36.98 per cent.

The stock gave multibagger returns of over 3,514 per cent from its 52-week low of Rs 8.75 per share. Investors should keep an eye on this micro-cap company stock under the radar.

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