Multibagger stock below Rs 20: This small-cap company receives order worth Rs 90,20,856!
In just 6 months, the shares of the company gave multibagger returns of 164.14 per cent.
Today, shares of SBC Exports Ltd surged 5 per cent from their previous closing of Rs 14.25 per share to the upper circuit price of Rs 14.95. In just 6 months, the shares of the company gave multibagger returns of 164.14 per cent.
Recently, SBC Exports Ltd received an order worth Rs 90,20,856 from the Department of Consumer Affairs through NICSI, New Delhi. The work order includes office support, project management support and rollout services.
SBC Exports Ltd was incorporated in 2011 with a market cap of Rs 311 crore. It is engaged in the trading & manufacturing of garments, manpower supply services and tour operator services. Currently, the company has 70 distributors in India and receives an average of 75 new projects every year. The corporation has reported excellent results in its quarterly and annual financial statements.
The 52-week high is Rs 17.20 and the 52-week low is Rs 4.49. The shareholding structure as of September 2022, with promoters controlling 65.50 per cent of the stock and the general public holding 34.50 per cent, represents a CAGR of 141 per cent in just one year. Investors should keep an eye on this stock.