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Rs 2,600 crore order book: This iron & steel company forms a joint venture with Technoenergy AG, Switzerland for business expansion!
Rs 2,600 crore order book: This iron & steel company forms a joint venture with Technoenergy AG, Switzerland for business expansion!

Rs 2,600 crore order book: This iron & steel company forms a joint venture with Technoenergy AG, Switzerland for business expansion!

The stock gave multibagger returns of 230 per cent in just 3 years with an ROE of 25 per cent and a ROCE of 27.3 per cent.

Kiran Shroff Article rating: 4.1

The company has a robust order book of Rs 2,600 crore as of March 31, 2023.

High momentum was witnessed in this metal company post bagging new orders worth Rs 262 crore!
High momentum was witnessed in this metal company post bagging new orders worth Rs 262 crore!

High momentum was witnessed in this metal company post bagging new orders worth Rs 262 crore!

In its latest press release, the company announced that they have bagged new orders aggregating Rs 262.52 crore, with domestic orders aggregating Rs 233.26 crore and export orders aggregating Rs 29.26 crore.

Bhavya Rathod Article rating: 3.5

Presently, the company is the largest manufacturer of stainless steel seamless and in welded pipes and tubes, nickel alloy pipes & tubes and titanium welded tubes.

Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!
Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!

Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!

Low-beta stock does not see a sharp movement or wealth erosion even if the market becomes volatile.

Karan Dsij Article rating: 4.2

Volatility is an indicator of risk. In general, the higher the volatility, the riskier the portfolio or the stock is. The volatility of a security or portfolio relative to its benchmark is called beta.   

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