52-week high alert: This multibagger small-cap company receives orders worth Rs 766,00,00,000 from Government of India!

The stock is up by 90 per cent in 1 year and gave multibagger returns of 170 per cent in 3 years & a whopping 530 per cent in a decade.

GOCL Corporation Ltd informed that the company has bagged orders from Coal India Limited, a Maharatna Company of the Government of India for the supply of bulk explosives, to be supplied over a period of 2 years i.e., from October 2023 to October 2025. The order is worth Rs 766,00,00,000 or Rs 766 crore.

On Monday, shares of GOCL Corporation Ltd plunged 1.32 per cent to Rs 508.80 per share with an intraday high of Rs 536 and an intraday low of Rs 503.05. The stock also made a new 52-week high of Rs 536 per share with a spurt in volume by more than 3.80 times on BSE.

GOCL Corporation Ltd is engaged in the business of energetics, mining & infrastructure services and realty. It is a part of Hinduja Group which has a presence across various industries such as Automotive, information technology, media, entertainment & communications, infrastructure projects, development, oil & speciality chemicals, power, real estate and healthcare. 

GOCL Corporation Ltd has a market cap of over Rs 2,500 crore and has been maintaining a healthy dividend payout of 25.1 per cent. The company reported positive numbers in its Quarterly Results and annual results.

The stock is up by 90 per cent in 1 year and gave multibagger returns of 170 per cent in 3 years & a whopping 530 per cent in a decade. Investors should keep an eye on this small-cap stock.

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