High ROCE Penny Stock Under Rs 20: Micro-Cap Company Secures Rs 2.62 Crore Term Loan From SVC Co-Operative Bank To Install A Solar Power Unit
The shares of the company have given multibagger returns of 398 per cent in last 3 years.
The Board of Directors of SBEC Systems (India) Ltd announced today that it has approved a term loan of Rs 2.62 Crores from SVC Co-operative Bank Limited. The loan will be used to fund the installation of a solar power unit. The decision was made during the Board's meeting held on April 10, 2025. The company will now proceed to enter into a Term Loan Agreement with SVC Co-operative Bank Limited to formally secure the Rupee Term Loan facility.
This investment in solar power underscores the company's commitment to [mention possible benefits of solar power, such as sustainability, cost reduction, etc.]. Further details regarding the project and its expected impact are anticipated following the completion of the Term Loan Agreement.
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Earlier, SBEC Systems (India) commissioned and operationalized its solar power project of 325-kilowatt-peak in Modipuram, Uttar Pradesh, India, according to a Thursday BSE filing.
SBEC Systems (India) Ltd. provides engineering and related technical consultancy services. It offers scientific, technical, engineering, professional and commercial services. The firm also engages in designing, planning and specifications of contracts, assignments and specific projects. The firm also undertakes fabrication, errection and commissioning of projects and provides high-tech equipment to sugar and power industries. The company was founded on December 15, 1987 and is headquartered in New Delhi, India.
In the Quarterly Results of Q3 FY25, the company posted revenue of Rs 0.78 crore, increased by 11.42 per cent on a YoY basis, while the net profit of the company surged by 100 per cent from Rs 0.28 crore to Rs 0.56 crore in the same period last year.
The stock price is currently trading at Rs 17 per share, and the company has a market capitalisation of Rs 17 crore. The shares of the company have given multibagger returns of 398 per cent in last 3 years.
Investors must keep this micro-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.