Multibagger stock below Rs 20: This small-cap company bags an order worth Rs 18.27 crore!

Multibagger stock below Rs 20: This small-cap company bags an order worth Rs 18.27 crore!

Kiran Shroff
/ Categories: Trending, Mindshare

Today, shares of the company saw a spurt in volume by more than 8.59 times on BSE.

Compucom Software Ltd informed that the company has received a Letter of Acceptance (LoA) from the Rajasthan Council for School Education (A Govt. of Rajasthan Undertaking) for the supply and installation of computer systems, thin client, VC system, ups and networking, electrification etc. in 301 BRC with 5 years on-site comprehensive warranty under ICT Schools scheme worth approximately Rs. 18.27 crore.

Today, shares of Compucon Software surged 16.28 per cent to an intraday high of Rs 18 per share from its previous closing of Rs 15.48 per share. The stock has a 52-week high of Rs 32.70 and a 52-week low of Rs 15.

Compucom Software Ltd is listed on 3 exchanges. They are: (BSE Script Code: 532339; NSE Script Code: COMPUSOFT and The Calcutta Stock Exchange Limited Script Code: 13335). The company operates in areas like E-Governance projects, ICT Education Projects, software design & development, electronic media, IT & media training & learning Solutions, Wind Power generation etc.

According to the Quarterly Results and annual results, the company presented positive numbers. In FY22, net sales zoomed 70.04 per cent and net profit zoomed 404.15 per cent compared to FY21. Today, shares of the company saw a spurt in volume by more than 8.59 times on BSE.

The stock is down by 36.19 per cent in 1 year, up by 97.11 per cent in the last 2 years and gave multibagger returns of over 395 per cent in the last 3 years. Investors should keep an eye on this multibagger Small-Cap stock.

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