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

The company has a market cap of Rs 190 crore. The shares of the company have a PE of 5.56x and a ROE of 23 per cent. The stock is up 30.67 per cent in just 1 month and over 70 per cent in 3 months.

Both the FIIs and DIIs have increased their holding in the company as per the June quarter update. 

Furthermore, the company announced that a meeting of the Board of Directors of the company will be held on Friday, August 11, 2023, to consider unaudited financial results of the company for the 1st quarter ended June 30, 2023 and likely to announce dividend if any.

The company is filled with enthusiasm for the array of opportunities that lie on the horizon.

The company manufactures critical component systems and test facilities for submarines and surface ships for The Indian Navy. The company has a market cap of Rs 658 crore.

On Tuesday, shares of the company surged by 20 per cent and reached its uppers circuit limit of Rs 92.48.

Additionally, the company secured an order from BDL and BEL last month in July for the supply of High Mobility Vehicles (HMV), with a total contract value of Rs 385 crore.

The stock witnessed significant buying activity as it has given multibagger returns of more than 350 per cent in just 3 years

The stock has displayed remarkable performance, delivering an impressive 650 per cent return in a year and a multibagger 1650 per cent return in the last three years.