Penny stock under Rs 70 in focus as company bags orders worth Rs 96,44,520.24 from Navi Mumbai International Airport

The stock is up by 60 per cent from its 52-week low of Rs 42.20 per share.

Harshdeep Hortico Limited, a leading listed company specializing in horticulture accessories and garden furniture, has secured a significant domestic purchase order from Navi Mumbai International Airport Private Limited, managed by the Adani Group, for the supply of various flowerpots. The order, valued at Rs 96,44,520.24 (inclusive of all taxes), specifies the delivery of different categories of flowerpots with the execution timeline set for completion by May 31, 2025.

Earlier, the company had secured two notable domestic purchase orders: one from Navi Mumbai International Airport Private Limited, managed by the Adani Group, for Rs 96,44,520.24 (inclusive of all taxes) involving the supply of various flowerpots to be completed by May 31, 2025, and another from M/s. Larsen & Toubro Limited for Rs. 43,50,070/- (inclusive of all taxes), also for the supply of different categories of flowerpots with an execution timeline of 3-4 months.

Harshdeep Hortico Limited (BSE: 544105) is India’s leading pots & planters, garden accessories and outdoor furniture company. Backed by an in-house design team, two manufacturing units, 3 company-owned stores, 10 exclusive distributors, and a well-established omni-channel sales network, Harshdeep’s 500-plus varieties of pots & planters are available in 27 states & union territories within India, and in select countries in Europe, Africa and Asia. Harshdeep Hortico Ltd. is committed to driving innovation and growth in the horticultural sector by leveraging emerging technologies and sustainable practices to enhance our product offerings and operational efficiency. Harshdeep Hortico Limited is listed on the BSE SME Exchange.

The company has a market cap of over Rs 100 crore. On Wednesday, shares of Harshdeep Hortico Limited gained 1.3 per cent to Rs 67.45 per share from its previous closing of Rs 66.60 per share. The stock is up by 60 per cent from its 52-week low of Rs 42.20 per share.

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