Rs 42,871 million order book and 400 per cent returns: Mukul Agrawal gains Rs 3,67,57,500 in this multibagger stock in just one day!

Shares of the company gained more than 30 per cent in the last six months.

Shares of WPIL Limited gained over 7 per cent today. The stock has witnessed heavy buying activity from investors in the last few days. Ace investor Mukul Agrawal holds a 1.33 per cent stake in the company. The company reported robust Quarterly Results for Q3FY24, with revenue decreasing by 5.38 per cent YoY to Rs 430.68 crore. The operating profit of the company stood at Rs 78.94 crore, which declined by 24.2 per cent and PAT declined by 44.05 per cent to Rs 39.09 crore.

Ace investor Mukul Agrawal made a killing on Tuesday, gaining over Rs 3.67 crore in profit on his 1,30,000 shares in WPIL Limited, which soared by Rs 282.75 per share. The stock has also delivered multibagger returns of over 400 per cent in the past three years.

WPIL is engaged in the manufacturing and sale of different types of pumps, spares & accessories, and execution of water supply projects on a turnkey basis for industrial units, power utilities, irrigation departments, etc. In 2002, Mr. Prakash Agarwal of Kolkata acquired a controlling stake in the company from the B. M. Khaitan group. WPIL has two operational manufacturing units in Kolkata, one unit in Ghaziabad, Uttar Pradesh, and two units in Maharashtra.

The client portfolio of the company comprises irrigation and water departments of various states, especially Madhya Pradesh, West Bengal, Telangana, Assam, Maharashtra, central utilities, PSUs, and various private sector entities. The company has a consolidated order book of Rs 42,871 million.

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

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