Heavy Machine Manufacturer Bags New Order Worth Rs 25 Million from Larsen & Toubro for its Ongoing Metro Project

The stock gave multibagger returns of 140 per cent in 1 year, 5,420 per cent in 5 years and a whopping 7,300 per cent in 10 years

Trishakti Industries Limited has been awarded a substantial Rs 25 million contract by Larsen & Toubro Limited (L&T), a domestic entity, to immediately supply advanced earth-moving heavy equipment for a duration of two months. This equipment will be deployed by L&T to support their ongoing Metro Project.

Earlier, Trishakti Industries Limited secured a four-month domestic contract with KEC International Limited, immediately supplying Rs 15 million worth of advanced heavy machines for their Steel Plant project, marking a significant commercial arrangement. Subsequently, Trishakti bagged a 12-month contract with NCC Limited, immediately deploying advanced earth-moving heavy equipment valued at Rs 60 million to support their ongoing domestic project, further signifying a significant commercial agreement between the two entities.

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 240 crore with a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 140 per cent in 1 year, 5,420 per cent in 5 years and a whopping 7,300 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.