Heavy buying: Back-to-back upper circuit in this micro-cap multibagger stock; gains over 900 per cent in just six months!

In H2FY23, the company reported a 117.64 per cent increase in net sales YoY.

Shares of Taylormade Renewables Limited were locked in the upper circuit on Thursday, gaining 5.00 per cent. The stock also made a 52-week high of Rs Rs 405.10. In the last six months, the stock has gained about 900 per cent.

The company posted impressive Half-yearly Results in H1FY23. The revenue of the company stood at Rs 12.25 crore which grew by 117.64 per cent YoY. The operating profit of the company stood at Rs 2.96 crore, while the PAT of the company stood at Rs 1.90 crore, which increased by 7.3 per cent YoY.

Taylormade Renewables Limited has also delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 9.18 on July 06, 2022, to Rs 405.10 on July 06, 2023, an increase of about 4100 per cent in a one-year holding period. And in the last six months, the stock has gained about 990 per cent.

Taylormade Renewables Limited company is primarily engaged in providing renewable energy solutions. Their specialization is in manufacturing Solar Parabolic Concentrating Systems for steam generation used in steam cooking and other industrial application, director in-direct heating, including solar air-conditioning, solar space heating, solar drying, solar wastewater evaporation and many more applications requiring thermal energy.

The stock has shown tremendous growth, and investors should keep a close eye on this stock.