6,000 per cent returns: This industrial micro-cap multibagger company bags multiple orders; do you own it?
The company has delivered exceptional returns of 686 per cent over the past 1 year and whopping returns of 6,142 per cent over the past 3 years.
W.S. Industries (India), a renowned company in the electrical sector with a strong global presence spanning over 50 years, has expanded its operations into infrastructure development. Under the guidance of experienced leadership with extensive expertise in infrastructure projects, the company now specialises in various types of infrastructure projects, including government initiatives such as constructing hospitals, medical colleges, urban housing projects, large-scale industrial projects, as well as roads and bridges.
W.S. Industries (India) has successfully secured a contract to undertake the construction of a "New Multi Village scheme - Combined Water Supply Scheme" in several locations in Nagapattinam District, Tamil Nadu. The project includes providing water supply to Nagapattinam Municipality, Thittachery, Velankanni, Kilvelur, Thalainayar Town Panchayats and 980 rural habitations. The initiative is funded under the Jal Jeevan Mission and has an estimated value of approximately Rs 317.29 crore. The construction phase is expected to last 18 months, followed by a 60-month maintenance period.
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The company has successfully secured another contract to undertake the construction of Integrated Storm Water Drain Works in the M1&M2 Components within the Kovalam Basin. This project encompasses the expanded areas of Greater Chennai Corporation Package 10, covering multiple streets in Zone-14, Tamil Nadu. The estimated value of this project is approximately Rs. 54.53 crore.
The company has delivered exceptional returns of 686 per cent over the past 1 year and whopping returns of 6,142 per cent over the past 3 years.
On Tuesday, shares of the company surged by 5 per cent and reached its upper circuit of Rs 102.82.
Investors should keep a close eye on this trending stock!