Heavy Machine Manufacturer Bags Largest-Ever Order Worth Rs 90 Million From KEC International Ltd
The stock gave multibagger returns of 450 per cent in 1 year, 5,130 per cent in 5 years and a whopping 11,500 per cent in 10 years.
Trishakti Industries Limited has secured a significant contract from KEC International Ltd., valued at INR 90 Million. This order involves the deployment of heavy machinery, including India's largest Manlifter, to support KEC's ongoing project at the Tata Steel plant. This domestic contract underscores Trishakti's commitment to providing high-capacity equipment for large-scale infrastructure projects and solidifies its position as a leading player in the infrastructure equipment hiring sector.
This order from KEC International Ltd. is the largest in Trishakti Industries Limited's history. The company anticipates that this contract will have a positive impact on its financial performance in the coming quarters. The successful acquisition of this contract demonstrates the increasing trust that leading corporations place in Trishakti Industries Ltd. as a reliable partner for their infrastructure equipment needs.
Earlier, the company secured a Rs 2.5 crore contract from Larsen & Toubro Limited (L&T) to supply machines for the Kolkata Metro Project. This order solidifies Trishakti's presence in the infrastructure sector and is expected to boost its financial performance. The 6-month contract demonstrates Trishakti's ability to meet the demands of major infrastructure players and contribute to significant projects.
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Trishakti Industries Limited provides infrastructure and oil & gas exploration services. The company engages in multiple business sectors including logistics and infrastructure, oil and gas, food-related items, and agency services. Trishakti Industries serves customers worldwide.
The company has a market cap of over Rs 300 crore with a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 450 per cent in 1 year, 5,130 per cent in 5 years and a whopping 11,500 per cent in 10 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.