the company has secured a substantial Purchase Order worth Rs 17.64 Crores for supplying 1 KW HF and SATCOM Equipment, with the contract formalized on November 1, 2023. The esteemed client for this deal is M/s. Cochin Shipyard Limited.

Additionally, another notable Purchase Order, valued at Rs 1.61 Crore, has been received for Automatic Test Equipment (ATE) dedicated to Radar Equipment. This contract was also confirmed on November 1, 2023, with Satish Dhawan Space Centre – SHAR, ISRO, as the client.

The stock gave multibagger returns of 105 per cent in just 6 months whereas BSE Sensex Index is up by 10 per cent.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 27.30 per share.

The stock has already increased 40 per cent in three days.

Skipper Ltd, Technocraft Industries (India) Ltd and Ddev Plastiks Industries Ltd were among the top gainers on the BSE Smallcap index!

The stock has a PE of 10.58x whereas the sectoral PE is 32.4x.   

The shares surged 10 per cent on the day.