Multibagger penny stock under Rs 30: This small-cap stock bags multiple new order worth Rs 78,58,602; gains over 200 per cent!

Shares of the company gained about 50 per cent in the last six months.

SBC Exports Limited informed in the exchange filing that the company has bagged multiple orders worth Rs 78,58,602 from the Ministry of Electronics and Information Technology. The first order for providing office support, project management support and rollout services. The order is worth Rs 41,38,363. The second order is also for providing office support, project management support and rollout services worth Rs 37,20,239.

SBC Exports Limited has also delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 8.40 on October 17, 2022, to Rs 27.10 on October 16, 2023, an increase of more than 210 per cent in a one-year holding period.

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SBC Exports Limited was incorporated in 2011. It is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services and tour Operator Services. Currently, co. has 70 distributors in India and receives an average of 75 new projects every year.

Today, the stock opened at Rs 26.60, with a high and low of Rs 28.38 and Rs 26.55, respectively. The stock ended the trading session at Rs 27.25, up by 4.49 per cent. The stock has a 52-week high of Rs 28.38 and a 52-week low of Rs 8.15.

The stock has shown tremendous growth and investors should keep a close eye on this penny stock.

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