Multibagger penny stock under Rs 80: This micro-cap company bags new order worth Rs 10,81,94,861 from Assam Power Distribution Company Ltd (APDCL)

Kiran Shroff
Multibagger penny stock under Rs 80: This micro-cap company bags new order worth Rs 10,81,94,861 from Assam Power Distribution Company Ltd (APDCL)

From Rs 13.05 per share to Rs 78.37 per share, the stock gave multibagger returns of over 500 per cent in 3 years.

We Win Limited has secured a contract from Assam Power Distribution Company Limited (APDCL) to operate its customer call center. This domestic contract, valued at Rs 10,81,94,861 inclusive of GST, spans two years. The project entails establishing and managing a call center to address customer inquiries and concerns related to Assam Power Distribution services, as outlined by APDCL, which is headquartered in Guwahati, Assam.

Earlier, the company secured a contract to operate and maintain the CM Helpline Outbound Call Centre (181) in the state of Madhya Pradesh. The contract, awarded by the State Agency for Public Service, Madhya Pradesh (SAPS-MP), a government entity under the Department of Public Service Management, spans five years with a potential one-year extension based on satisfactory performance. This domestic contract, valued at Rs. 13,39,20,000/- (exclusive of GST), involves managing the entire operation of the CM Helpline outbound call centre within the state.

On Friday, shares of We Win Ltd gained 4.97 per cent to Rs 78.37 per share from its previous closing of Rs 74.66. The stock’s 52-week high is Rs 114.40 and its 52-week low is Rs 356.70. The shares of the company saw a spurt in volume by more than 5 times on BSE. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

We Win Ltd, formerly known as Surevin BPO Services Limited, is a BPO company founded in 2007. It offers Customer Relationship Management (CRM) services, including call centres and support centre services. The company is the world's largest non-emergency integrated grievance provider and delivers B2B third-party customer service in 20 languages to over 100 different businesses in India.

The company has a market cap of Rs 74.37 crore. From Rs 13.05 per share to Rs 78.37 per share, the stock gave multibagger returns of over 500 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

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

Also Read: 5:1 stock split after 23 years announced by this LIC-backed Pharma Giant; Stock trades at high ROE & high ROCE

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