600 per cent returns: This micro-cap multibagger company bags new work orders worth Rs 380.67 crore!

The shares of the company have gained more than 500 per cent in the last six months.

W S Industries (India) Limited informed in the exchange filing that the company has received new work order worth Rs 380.67 crore. The company has received three orders: The first order is from CMK Projects Private Limited for the construction of integrated stormwater drain works and the order is worth Rs 67.13 crore. The second is for the construction of integrated stormwater drain works and the order is worth Rs 60.26 crore. The third order is for the construction of an integrated bus terminal and multi-utility facility center at Panjapur, Old Madurai Road, Tiruchirappalli, Tamilnadu, and the order is worth Rs 253.28 crore.

W S Industries (India) Limited has also delivered multibagger returns to its shareholders. During this period, the company’s share price jumped from Rs 13.10 on July 04, 2022, to Rs 101.05 on June 26, 2023, an increase of about 650 per cent in one year holding period. And on a three-year basis, the stock has gained about 287 per cent.

On Wednesday, the stock opened at Rs 100.80, with a high and low of Rs 100.80 and Rs 100.77. The stock closed trading at Rs 100.77, down by 1.99 per cent over its previous close of Rs 102.82.

The stock has a 52-week high of Rs 102.82 and a 52-week low of Rs 13.23. The company has a market capitalization of Rs 421.24 crore. The stock has shown tremendous growth, and investors should keep a close eye on this stock.