Penny Stock Under Rs 30: Micro-cap Company Bags New Order Worth Rs 1,30,61,650 From Yailen Global Enterprises Pvt Ltd
The stock is down by 45 per cent from its 52-week high of Rs 52.26 per share and up by 43.3 per cent from its 52-week low of Rs 20.06 per share/
3C IT Solutions & Telecoms (India) Ltd has secured a domestic purchase order worth Rs 1,30,61,650/- from Yailen Global Enterprises Pvt Ltd for the supply, installation, network design, and project management of Wifi & Network Solutions, reflecting the increasing demand for their services. The terms of the order include delivery to Meetei Construction Private Limited in Shillong, Meghalaya, with an 18% GST included, and a payment structure involving an advance, payment after product delivery, and the remaining amount after installation, testing, and commissioning, with the execution timeline to be mutually agreed upon by both parties.
Incorporated in 2015, 3C IT Solutions & Telecoms (India) Ltd is a dynamic IT solutions provider focused on delivering innovative and comprehensive IT services. The company specialises in a wide range of IT solutions, including data storage management, network design and implementation, end-user device management, data protection, and more.
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By offering a diverse portfolio of products and services, 3C IT Solutions & Telecoms aims to empower businesses of all sizes to achieve their digital transformation goals. Their commitment to providing cutting-edge technology solutions, coupled with their expertise in strategic consulting and process optimisation, enables clients to streamline operations, enhance productivity, and gain a competitive edge in today's digital landscape.
The company has a market cap of Rs 17.3 crore. The shares of the company have a PE of 30x, an ROE of 3 per cent and an ROCE of 13 per cent. The stock is down by 45 per cent from its 52-week high of Rs 52.26 per share and up by 43.3 per cent from its 52-week low of Rs 20.06 per share/
Disclaimer: The article is for informational purposes only and not investment advice.