Back-to-back upper circuit: This multibagger stock gained 25 per cent in the last 2 trading sessions!
The company has witnessed massive buying with the shares giving multibagger returns of more than 320 per cent in just 1 year
On Thursday, shares of Advait Infratech zoomed and got locked at 10 per cent upper circuit level of Rs 268.60 apiece. The scrip witnessed massive spurt in volume and closed 9.75 per cent up at Rs 268 per share.
The industrial industry player, received an order from Tehri Hydro Development Corporation India Limited on January 09, 2023. The order is for the design, engineering, supply, installation, testing, commissioning and operation & maintenance of a capacity electrolyser and fuel cell based micro-grid system. The hydrogen production of the system is worth Rs 9.75 crore and the contract is for 3 years.
Later, on February 22, 2023, the company informed the exchange about another order it received. The order is for the supply of optical fiber ground wire, worth Rs 10.85 crore.
Advait Infratech Ltd. has transformed from a trading and consulting firm to a manufacturing and EPC operations marketing leader. The company's product line includes OPGW, OFC cables, ACS, ERS and OPGW junction boxes. Despite being a small cap company, it has established itself as a prominent player in the industrial industry.
Shares of Advait Infratech have given stellar returns of more than 943 per cent since its IPO in October 2020. The company has witnessed massive buying with the shares giving multibagger returns of more than 320 per cent in just 1 year. Keep a close eye on this trending multibagger stock.