Trishakti Industries Limited has received a new order worth Rs 25 lakh from Tuaman Engineering Limited. The company will supply advanced earth-moving machines for a steel plant project. These machines will be used in the erection and commissioning phase, which will start in the next two weeks. The entire project is planned to last for 12 months.
Just recently, Trishakti had also bagged another contract worth Rs 25 lakh from Larsen & Toubro Limited (L&T). That order was for supplying similar heavy machines for their ongoing Metro Project. These machines are being delivered immediately and will be used for two months.
Trishakti Industries works in many sectors like infrastructure, oil and gas exploration, logistics, and food-related services. The company serves both domestic and global customers.
In addition, its market performance has been very strong. The company’s market cap is Rs 230 crore, and its stock price has gone up sharply over the years. It gave a 140% return in 1 year, 5,200% in 5 years, and 7,340% in 10 years. Its 3-year stock CAGR stands at 200%.
Looking at its recent orders and strong stock performance, Trishakti Industries is gaining attention. Investors may want to keep an eye on this fast-growing micro-cap company.
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