Advanced heavy machines manufacturer bags order worth Rs 37 million from Jindal Stainless Ltd
The stock gave multibagger returns of 215 per cent in 1 year and a whopping 8,160 per cent in 5 years.
Trishakti Industries Limited has just landed a substantial domestic contract with Jindal Stainless Limited, valued at Rs 37 million. This agreement, effective immediately and spanning three months, involves Trishakti Industries supplying and deploying advanced heavy machines for Jindal Stainless's ongoing steel project. This new order underscores Trishakti Industries' role as a key provider of specialised machinery within the domestic steel sector.
Earlier, the company secured a significant domestic contract with Jindal Stainless Limited for the immediate deployment of advanced heavy machines valued at Rs 52.5 million. This two-month contract is for Jindal Stainless Limited's ongoing Steel Project, further solidifying Trishakti Industries' relationship with the company and strengthening its position in the infrastructure sector by showcasing its capability to provide high-capacity equipment for large-scale endeavours. Trishakti Industries anticipates a positive impact on its operational performance in the coming quarters due to this agreement.
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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 over Rs 250 crore with a 3-year stock price CAGR of 200 per cent. The stock gave multibagger returns of 215 per cent in 1 year and a whopping 8,160 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.