a prominent EV charger manufacturer has secured a substantial order of 2649 AC EV chargers from Bharat Petroleum Corporation Limited (BPCL)

The company strategically caters to different customer segments, with a balanced approach. Enterprises and Independent Software Vendors (ISVs) each contribute 40 per cent, while IP Led solutions make up 20 per cent of the customer segment distribution.

Over the past three years, the stock has returned a staggering 155.93 per cent. The stock has given multibagger returns of 871.90 per cent over its life period.

Top gainers on the Nifty included Divis Labs, Cipla, Adani Enterprises, Hindalco, and Axis Bank

In the last 24 days, the company has received orders from marquee clients like Bharti Airtel, Bharat Sanchar Nigam Ltd., and Dinesh Engineers Ltd. The business had significant growth in net profit and sales in the first half of FY24; net profit increased by 338 per cent and sales by 253 per cent, respectively, year over year.

Shares of the company gained over 90 per cent in the last six months.

The revenue from operations for Q2 FY24 rose to Rs 145.3 crores from Rs 78.5 crores, with a substantial growth of 85.10 per cent on a YoY basis, while net profit saw notable gains of 183.78 per cent.

The stock has been on a mesmerizing journey, delivering multibagger returns with a staggering jump of nearly 173 per cent in the past year alone. The stock's 52-week high and low, standing at Rs 26.3 and Rs 7.45, are like milestones on a rocket's trajectory.

Shares of the company gained more than 120 per cent in the last six months.

With an impressive 275 per cent surge from its all-time low, the stock has become a multibagger, reflecting its market prowess and investor appeal.