Miniratna category I public sector utility and the Maharashtra government have signed a Memorandum of Understanding

The stock gave multibagger returns of 105 per cent in just 1 year and over 2,200 per cent returns in just 2 years.

According to the financials, the net sales rose by 2.02 per cent to Rs 42.54 crore and EBITDA increased by 128 per cent to Rs 3.04 crore in H2FY23 over H2FY22. The company reported a net profit of Rs 1.64 crore in H2FY23 compared to Rs 4.78 crore in H2FY22. The net sales increased by 3.36 per cent to Rs 85.50 crore and EBITDA increased by 48.14 per cent to Rs 4 in FY23 over FY22.

The agreement was inked in Mumbai in the presence of German Defence Minister Boris Pistorius.  

The company has astoundingly delivered a multibagger return, surpassing 230 per cent.

Moreover, the stock has witnessed heavy buying in the past 1 year, surging more than 99 per cent

The net profit of the company skyrocketed 128 per cent from corresponding quarter last year

Aerospace electronic solution company is trending on Dalal Street, catching eye of investors.

Recently, shares have received a significant buying interest, and as a result, they have hit back-to-back upper circuits!

Marshall Machines Ltd is in the business of designing, manufacturing, and deploying solution offerings, providing after-sales services for machine tool equipment. The stock gave multibagger returns of 145 per cent in just 6 months and over 1000 per cent in the span of 3 years.