This share jumped 17% today as soon as the biggest order was received, 1166% returns have been given in 5 years
initial The Indian stock market has seen a tremendous rise on Thursday afternoon after the fall in business. The Bombay Stock Exchange index Sensex was seen trading at 82,350 with a gain of 1.25 per cent or 1019 points. At the same time, the National Stock Exchange’s index Nifty was seen trading at 25,059 with a gain of 1.50 per cent or 371 points. Meanwhile, a small cap stock saw a great boom. The stock of Ramesons Industries has seen a great rise of 17 per cent today. Due to a major order received by the company, the stock has seen this boom.
Got the biggest order in history
Ramesons Industries has received several orders worth more than Rs 300 crore from Stellanis NV in North America. This is the biggest order of the history of Ramesons Industries. Under these orders, the company will make control cables for smart cars, jeep models and their three-wheelers vehicles under these orders. The company told the stock exchange that the delivery of this order would start from the next financial year and it will take 7 years to complete.
The company has given multibagger returns
The shares of Ramesons Industries have given multibagger returns to their investors. Currently, the company’s stock is trading at Rs 139.80 on BSE. The 52 week high of this stock is 234.95 percent. At the same time, 52 weeks are 102.30. At the same time, the market cap of this company is Rs 473.83 crore. The stock has given 1166 percent returns to its investors in 5 years. However, this stock has fallen 30 per cent in the last 1 year. At the same time, this stock has given 11 percent returns in the last 5 days.
Latest business news
