Multibagger stock below Rs 20: This small-cap company receives order worth Rs 50,33,142!

Kiran Shroff
/ Categories: Trending, Mindshare
Multibagger stock below Rs 20: This small-cap company receives order worth Rs 50,33,142!

The stock gave multibagger returns of 270.96 per cent from its 52-week low of Rs 4.65.

Today, shares of SBC Exports Ltd surged 0.94 per cent from their previous closing of Rs 17.09 per share to an intraday high of Rs 17.25. The stock has a 52-week high of Rs 17.81 and a 52-week low of Rs 4.65.   

Recently, SBC Exports Ltd received a work order for providing Office Support, Project Management Support and Rollout Services has been awarded to us by Indira Gandhi Women and Child Gas Rahat Hospital Bhopal & other Hospitals of Bhopal through NICSI, New Delhi. The aggregate purchase order cost of the work order is Rs 50,33,142.  

In the past 7 days, the company has received multiple work orders totalling Rs 1,17,63,149 including the above order. Today, shares of the company saw a spurt in volume by more than 1.01 times on BSE.  

SBC Exports Ltd was incorporated in 2011 with a market cap of Rs 355 crore. It is engaged in the trading & manufacturing of garments, manpower supply services and tour operator services. Currently, the company has 70 distributors in India and receives an average of 75 new projects every year. The corporation has reported excellent results in its quarterly and annual financial statements.   

The stock gave multibagger returns of 270.96 per cent from its 52-week low of Rs 4.65. Investors should keep an eye on this Small-Cap stock.  

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