THIS Multibagger Stock Gave 785% Returns In 3 Years; Mcap Zooms From Rs 1 Lakh To Rs 80 Lakh; Do You Own?

RMC Switchgears Limited shares were trading in green during Monday's intraday trading session. The microcap stock has given a whopping 785% return in three years. The automotive sector stock has given triple-digit percentage returns compared to the Sensex, which has surged around 40.39%.

RMC Switchgears Limited shares were trading 1.58% higher at Rs 750 per share on BSE with a market capitalisation of Rs 360.67 crore. The electrical equipment industry sector stock has surged over 2.45% in a week, after it confirmed receiving orders worth over Rs 100 crore.

RMC Switchgears Stock Returns Over Years

The company scrip has given over 2.45% returns in one week. Its valuation has declined over 30.62% year to date (YTD), and 5.7% in one year. The stock has given over 57% returns in two years and over 782.98% returns in three years.

Over the past five years, the stock price valuation has surged over 7,712% compared to BSE Sensex which has surged around 106.67% in five years.

RMC Switchgears Order Win

The company has received orders from Suncity Urga Private Limited, under Jaipur Vidyut Vitran Nigam Limited (JVVNL). As per the company's BSE filing it has won an order valued Rs 33.8 crore for supply and development of distribution infrastructure for loss reduction works in Rajasthan. The company has won another order worth Rs 66.39 crore for the supply and erection of items for the development network at Jhalawar Circile, Jaipur Disccom.

About RMC Switchgears

Founded in 1994 as RFH Metal Casting Private Limited by Mr. Ashok Agarwal, RMC Switchgears Ltd became a public entity in 2008 and was rebranded in 2016. The company operates from Rajasthan and specialises in designing smart meters and various electrical components while also executing EPC contracts for transmission lines.

RMC Switchgears has expanded into renewable energy with subsidiaries like Intelligent Hydel Solutions Private Limited and RMC Solar Park Private Limited, focusing on hydropower and solar energy.

In H2 FY25, RMC Switchgears reported revenue of Rs. 212 crore, a significant increase from Rs. 105 crore in H1 FY25 and Rs. 85 crore in H2 FY24. Operating profit rose to Rs. 33 crore in H2 FY25 from Rs. 20 crore in H1 FY25.

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