Ashish Kacholia’s portfolio penny stock under Rs 60: Company bags order worth Rs 6,00,00,000 from Ministry of External Affairs
The stock is up 28 per cent from its 52-week low of Rs 40.25 per share and has given multibagger returns of over 1,600 per cent in 5 years.
Dudigital Global Limited has secured a significant contract with the Ministry of External Affairs (MEA), Government of India, to manage a range of outsourced consular support services at the Embassy of India in Seoul, Republic of Korea. This multi-year agreement tasks Dudigital Global with providing crucial assistance related to Passports, Visas, Overseas Citizen of India (OCI) cards, Police Clearance Certificates (PCC), Surrender Certificates (for renouncing Indian Citizenship), Global Entry Program (GEP) Verification, and various miscellaneous attestation services. This international engagement underscores Dudigital's expanding role in facilitating essential services for the Indian diaspora abroad.
The contract, valued at approximately Rs 6 crore and spanning a period of three years, highlights the trust placed in Dudigital Global by the MEA. While the complete details of the final negotiated terms were not immediately available, the announcement was made to adhere to the stipulated timelines under SEBI regulations. This partnership signifies a commitment to streamlining consular processes for Indian citizens and others seeking services from the Indian Embassy in Seoul, leveraging Dudigital's expertise in managing such critical support functions on an international scale.
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About the Company
DU Digital Global Limited is a company that manages the human interface between visa applicants and the technical visa processing unit of embassies in other countries. The company also provides other services related to visas, passports, and other citizen services. The company has a market cap of Rs 360 crore.
An ace investor, Ashish Kacholia, owns an 8.99 per cent stake in the company as of March 2025. The stock is up 28 per cent from its 52-week low of Rs 40.25 per share and has given multibagger returns of over 1,600 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.