Stock Under Rs 150: Company Bags Order Worth Rs 27 Million from Jindal Ferrous – Stock Gains Over 1,300 Per cent in Just 2 Years
Trishakti Industries Ltd has secured a significant contract from Jindal Ferrous Ltd to supply machinery worth Rs 27 million for their ongoing Blast Furnace Erection and Commissioning project. This achievement highlights Trishakti’s dedication to delivering high-capacity equipment for large-scale infrastructure projects, further solidifying its position in the sector. The contract is set to be executed by February 28, 2025.
Share Performance
Today, the shares of Trishakti Industries Ltd closed the day at around Rs 134.60 per share on the BSE. The current market capitalization stands at Rs 219.81 crore. The company’s shares have delivered a multibagger return of over 370 per cent in the past year.
Financial Performance
As per the Quarterly Results, in Q3 FY25 Trishakti Industries Ltd reported a revenue of Rs 2.85 crore compared to Rs 36.43 crore representing a de-growth of around 92 per cent YoY. The company posted an operating profit of Rs 1.550 crore with a margin of around 52.63 per cent. The company reported a net profit stood at Rs 0.87 crore for the period compared to a profit of Rs 0.08 crore.
Business Overview
Established in 1985, Trishakti Industries Ltd operates in financing, commission, and consultancy services. The company serves as a marketing entity across various sectors, including logistics and infrastructure, oil and gas, food products, and agency services for global clients. It sources supplies from China and the UAE. In FY24, Trishakti ventured into the infrastructure sector by launching a heavy equipment rental division.
Investors must keep this micro-cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.