The stock gave multibagger returns of over 400 per cent in just 5 years whereas the BSE Sensex Index is up by 155 per cent.

The company announced that it has partnered with Indigrid to collaboratively undertake development of two of the IndiGrid’s greenfield Interstate Transmission System (ISTS) projects and signed the Securities Subscription Cum Shareholders Agreement (“SSSHA"). Under this partnership, Techno Electric will co-develop and invest in IndiGrid’s two ISTS projects i.e. Ishanagar Power Transmission Limited (IPTL) and Dhule Power Transmission Limited (DPTL). Techno will invest minority capital and will also be responsible for the complete execution of the projects on a Lump Sum Turnkey (LSTK) basis.