Multibagger Small Cap Stock Bags Orders Worth Rs. 317.82 Cr and 54.53 Cr, Jumps 365.46% In 3 Months

W.S. Industries (India) Ltd has bagged orders worth Rs. 317.82 crores from M/s.TRINEVA - JWIL (JV) (M/s.Trineva Infra Projects Pvt Ltd is a related party) and Rs.54.53 Crores from M/s.CMK Projects Private Limited. The company in a regulatory filing on Tuesday, June 20, 2023, informed the exchange about the development. The stock of the company hit the upper circuit post the announcement.

Bags Orders

According to the regulatory filing by the company, "An order for Construction of "New Multi Village scheme - Combined Water Supply Scheme to Nagapattinam Municipality, Thittachery, Velankanni, Kilvelur, Thalainayar Town Panchayats and 980 rural habitations in Nagapattinam, Thirumarugal, Kilvelur, Keelaiyur, Thalainayar and Vedaranyam unions in Nagapattinam District under Jal Jeevan Mission fund (Construction Period: 18 months and paid Maintenance: 60 months) - Package-II", Tamil Nadu, approximately valued at Rs.317.29 Crores (including GST) has been received from M/s.TRINEVA - JWIL (JV) (M/s.Trineva Infra Projects Pvt Ltd is a related party)."

Furthermore, "The Company has bagged an order for Construction of Integrated Storm Water Drain Works in M1&M2 Components in Kovalam Basin in expanded areas in Greater Chennai Corporation Package 10 Covering various streets of Zone-14", Tamil Nadu, approximately valued at Rs.54.53 Crores (including GST)."

Stock Outlook

Meanwhile, the shares of W.S. Industries (India) Ltd. Closed 4.99% higher at Rs. 103.10 apiece, The stock hit the upper circuit and 52 week high of Rs. 103.10 apiece. Its 52 week low is Rs. 13.10 apiece.
The stock jumped 20.73% in the 1 week. It jumped 365.46% in 3 months. The stock has given 687.02% multibagger return in 1 year. It has given 7010.34% multibagger return in 3 years. In 5 years it gave 1590.16% multibagger return in 5 years.

About - W.S. Industries (India) Ltd.

WS Industries is a globally focused infrastructure and electrical project-handling company with a strong track record of having completed several large-scale projects successfully. The company has a market capitalisation of Rs. 462.94 crore. It is a small-cap company.