New Rs 38.32 Crore Contract Boosts Momentum, Order Book Stands Strong at Rs 3,399 Crore

The company’s shares have a PE of 13x whereas the industry PE is 26x.

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 21 per cent.

Shares of the company gained more than 10 per cent in the last six months.

Shares of the company gained more than 20 per cent in the last six months.

The stock gave multibagger returns of 180 per cent in just 1 year whereas BSE Sensex Index is up by 24 per cent.

The stock gave multibagger returns of 210 per cent in just 1 year whereas BSE Sensex Index is up by 23 per cent.

The stock gave multibagger returns of 130 per cent in just 6 months whereas BSE Sensex Index is up by 6.9 per cent. 

Shares of the company have gained more than 90 per cent in the last six months.

Previously, the company has received 3 orders worth Rs 238.30 crore from various clients across India. As of June 30, 2023, the company order book stands at Rs 3,240 crore and including the above order the company order book stands at Rs 3,616.54 crore

In terms of finances, the company has a market cap of Rs 213.39 crore. The company reported amazing numbers in its quarterly results and annual results. The company’s shares have a PE of 8.35x whereas the industry PE is 38.40x.

On Thursday, the Sensex gained by 143.66 points to close at 59,832.97, while the Nifty 50 surged by 42 points to close at 17,599.15

Over the last six months, the stock has returned over 16 per cent.  

The company's stock has returned 21.06 per cent over the past 6 months.

The stock has a 52-week high of Rs 52.90 and a 52-week low of Rs 29.60.  

Today, shares of the company saw a spurt in volume by more than 3.75 times on BSE.

On Wednesday, the Sensex increased by 377.75 points to close at 60,663.79, while the Nifty 50 gained by 150.20 points to close at 17,871.70

In FY22 net sales increased by 56.24 per cent to Rs 801.68 crore compared to Rs 513.11 crore in FY21.

On Wednesday, the Sensex tanked 636 points to close at 60, 657.45, while the Nifty 50 plunged 189.60 points to close at 18,042.95.

Considering the fact that Nifty has witnessed a breakout of the descending channel and broad-based buying on Friday, we expect momentum to continue in the coming trading sessions. Hence, we have shortlisted a few stocks based on the T20 breakout system.