Multibagger Stock: Rs 513.75 to Rs 1585 in a year, Do you own this Multibagger stock? – this small-cap marine infrastructure company delivered impressive returns of over 180 percent in a year; do you hold it?
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New Delhi: Knowledge Marine & Engineering Works Limited has given multibagger returns to its shareholders in the last one year. Last year on August 22, the company’s share was at Rs 513.75, which reached Rs 1585 today i.e. on August 22, 2023. That is, it has increased by about 180 percent in a year. If someone had invested Rs 1 lakh in it a year ago, it would have been worth Rs 2.80 lakh today. The company has recently bagged a work order from the Myanmar Port Authority. This includes dredging and maintenance in the Yangon River. The company has bagged the second order from Myanmar and it is to be completed in six months from October 1. The order value is $2,199,990.
The company has received four separate orders from sand buyers as well. The collective value of these orders is 154.5 Lakh Bahraini Dinar. Knowledge Marine & Engineering Works Limited is engaged in the business of Marine Crafts. The company operates marine craft and also does their technical maintenance. Along with this, Marine also looks after the infrastructure and related works. Today the stock of the company opened at Rs.1490. It went up to Rs 1640 and down to Rs 1490 in early trade. Currently the stock is trading at Rs 1595 with a gain of 9.68%. Its 52 week high is Rs.1640 and low is Rs.497.
The company has received four separate orders from sand buyers as well. The collective value of these orders is 154.5 Lakh Bahraini Dinar. Knowledge Marine & Engineering Works Limited is engaged in the business of Marine Crafts. The company operates marine craft and also does their technical maintenance. Along with this, Marine also looks after the infrastructure and related works. Today the stock of the company opened at Rs.1490. It went up to Rs 1640 and down to Rs 1490 in early trade. Currently the stock is trading at Rs 1595 with a gain of 9.68%. Its 52 week high is Rs.1640 and low is Rs.497.
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