Heavy Machine Manufacturer Bags New Order Worth Rs 25,00,000 from Tuaman Engineering Limited
The stock gave multibagger returns of 140 per cent in 1 year, 5,2000 per cent in 5 years and a whopping 7,340 per cent in 10 years.
Trishakti Industries Limited has been awarded a substantial domestic contract by Tuaman Engineering Limited, valued at Rs 25 million, for the supply of advanced earth-moving machines. This order entails the deployment of these machines within the next two weeks for the crucial erection and commissioning phases of a steel plant project, with the overall contract spanning 12 months.
Earlier, the company bagged a Rs 25 million contract by Larsen & Toubro Limited (L&T), a domestic entity, to immediately supply advanced earth-moving heavy equipment for two months. This equipment will be deployed by L&T to support their ongoing Metro Project.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, download the service details here.
Trishakti Industries Limited provides infrastructure and oil & gas exploration services. The company engages in multiple business sectors, including logistics and infrastructure, oil and gas, food-related items, and agency services. Trishakti Industries serves customers worldwide.
The company has a market cap of Rs 230 crore with a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 140 per cent in 1 year, 5,2000 per cent in 5 years and a whopping 7,340 per cent in 10 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.