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Multibagger Stock Update: This heavy electrical company to power Samskip’s new hydrogen-fueled container vessels built by Cochin Shipyard Ltd!
Multibagger Stock Update: This heavy electrical company to power Samskip’s new hydrogen-fueled container vessels built by Cochin Shipyard Ltd!

Multibagger Stock Update: This heavy electrical company to power Samskip’s new hydrogen-fueled container vessels built by Cochin Shipyard Ltd!

The stock is up by 60 per cent year to date and over 370 per cent in 3 years.

Kiran Shroff Article rating: 3.8

Earlier, ABB and SMS group are partnering to supply powertrain solutions for ArcelorMittal Nippon Steel's new hot strip mill in India. The project will increase Hazira's production capacity by around 5.5 million tons per year.

375 per cent returns: This multibagger heavy electrical company to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill!
375 per cent returns: This multibagger heavy electrical company to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill!

375 per cent returns: This multibagger heavy electrical company to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill!

The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23).

Kiran Shroff Article rating: 3.6

SMS group chose to work with ABB on this project because of its proven expertise in providing reliable, high-performance powertrain solutions for the demanding applications found in steel mills.

52-week high alert: The heavy electrical company receives electrification and automation contract for ArcelorMittal Nippon Steel (AMNS)!
52-week high alert: The heavy electrical company receives electrification and automation contract for ArcelorMittal Nippon Steel (AMNS)!

52-week high alert: The heavy electrical company receives electrification and automation contract for ArcelorMittal Nippon Steel (AMNS)!

The stock is up by 95 per cent in just 1 year and over 150 per cent in 2 years.

Kiran Shroff Article rating: 3.7

According to the financials, the company has a market cap of Rs 93,690 crore with a 5-year CAGR of 35 per cent. The company reported positive numbers in its quarterly results (Q4) and annual results (FY23)

Don’t miss action in this large-cap stock nearing its technical breakout level!
Don’t miss action in this large-cap stock nearing its technical breakout level!

Don’t miss action in this large-cap stock nearing its technical breakout level!

In these bearish sentiments, this large-cap stock grabbed a lot of attention and was the saving grace for the bull’s camp.

Prasad Chavan Article rating: 4.5

On Tuesday, the market did not witness a follow-up buying after a strong rebound of bulls from the lows of Monday.

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