Back-to-back upper circuit low price multibagger stock; This transformers manufacturer recently bagged orders worth Rs 10,41,09,040, over 170 per cent returns in just three months!

The company's shares have delivered an impressive return of around 785 per cent in the just six months only.

The shares of this multibagger low-price Small-Cap company are consistently hitting upper circuits.  Incorporated in 1976, Marsons specialises in manufacturing transformers with a capacity range of 100 MVA in the 132KV class. The company recently secured significant orders on May 07, 2024.

Marsons Order Details:

The company announced that it has received orders worth over 10 Cr from various Northeastern States under the ROSS scheme. With the receipt of this order, Marsons has further strengthened its foothold in the Northeastern region. The company is optimistic about establishing a dominant presence in the Northeast as the requirement in this region is expected to peak over the course of this year.

The client names are Star Infratech and Dhar Construction, while the end client's name is MePDCL (Meghalaya), for the supply of 627 transformers, with the order value amounting to Rs 10.41 crore.

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Share Performance and Financials Performance of Marsons

Today, the company's stock is at around Rs 56.56 per share on the BSE, with a market capitalisation of Rs 791.84 crore. Additionally, the stock has delivered a multibagger return of around 835 per cent in the past one year. The company has not yet released its Quarterly Results for Q4 FY24.

In Q3 FY24, Marsons reported revenue of Rs 0.65 crore, representing a year-on-year de-growth of 64 percent from Rs 1.83 crore in the same quarter last year. The company posted an operating profit of Rs 0.32 crore, compared to a profit of Rs 0.44 crore in the same quarter last year. The company’s net profit stood at Rs 0.15 crore in the December quarter.

Furthermore, the company posted a net profit in FY23 after experiencing back-to-back losses for the past 6 years. It is set to announce its annual results soon.

Investors must keep this small-cap multibagger stock on their radar.

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