Multibagger Stocks: Stock or Rocket! 900% jump in six months, falling market touched upper circuit even today

Multibagger Stocks: Stock or Rocket!  900% jump in six months, falling market touched upper circuit even today

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New Delhi: After eight consecutive days of decline in the stock market, there was a rise on Tuesday, but once again the bears dominated on Wednesday. Amidst the fall in the market, the share of SME company Taylormade Renewables touched the upper circuit with a gain of five per cent. With this, the stock reached an all-time high of Rs 163.50. The stock had hit a low of Rs 8.75 on July 4 last year. Since then it has gained more than 18 times. Talking about the last one month, it has increased by 131 percent. During this period, the BSE Sensex has declined by 1.7 per cent. It has gained 358 per cent in the last three months and 900 per cent in six months. The Sensex has fallen six per cent in the last three months.

The company announced on Thursday that it has been selected for the Excellence Award for Wastewater Treatment. Gujarat Chief Minister Bhupendra Bhai Patel will give this award to the company on March 3. Recently the company was acquired by Mumbai based company Dodhia Chem-Tex Pvt. Ltd. 13.06 crore new work order has been received from The company currently has a total work order of Rs 28 crore. TaylorMade Renewables is a leading renewable energy company in the country. The company has created a new product named TRL-RAIN. Salt and other chemicals can be removed from water through this technology.

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whose share how much

The promoters hold 62.69 per cent stake in Taylormade Renewables. The remaining 37.31 per cent stake in the company is held by individual shareholders (24.51 per cent) and corporate (12.27 per cent). There was a boom in the stock market on Tuesday. Earlier, it had declined in the last eight trading days of February. But once again the stock market declined on Wednesday. The Sensex closed at 58,909.35, down 501.73 points, or 0.84%.

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