Back-to-back upper circuit and 52-week high: This small-cap stock has rallied over 1236% in just a year!
Taylormade Renewable has hit consecutive 7 upper circuits and 52-week highs.
Share price update
Shares of Taylormade Renewables Ltd were locked at a 5% upper circuit level on Monday, rising from their previous closing price of Rs. 134.70 to a new 52-week high of Rs. 141.50. From February 20, 2023, the stock has traded in strong volumes and reached consecutive 7 upper circuits and 52-week highs.
Total Order book of the company
The business informed the exchange on February 23, 2023, that Dodhia Chem-Tex Ltd., based in Mumbai, Maharashtra, had given it a fresh work order worth Rs 13.06 crore. In light of this, as of February 23, 2023, the company's whole order book is worth Rs 28 crore.
Taylormade Renewables is a company that provides renewable energy solutions. The company has developed cutting-edge technologies for hazardous wastewater treatment and Zero Liquid Discharge. The company is a small and medium-sized enterprise that manufactures Solar Parabolic Concentrating Systems for a steam generation used in steam cooking and other industrial applications, direct or indirect heating, including solar air-conditioning and solar space heating, solar drying, solar wastewater evaporation, and many other thermal energy-related applications.
As of September 2022, the company's shareholding pattern is promotors holding a maximum stake of 62.69% and the general public owning 37.31%. Furthermore, in comparison to March 2022, the promoters increased their 1.48% stake until September 2022.
Returns to the investors
The stock has seen significant buying activity, resulting in an astronomical gain of more than 1236% in just one year, making it a multibagger. Furthermore, it has increased by more than 897% in the last six months, with a multibagger return of more than 142% in just one month. The stock has a PE of 868x and an ROE of 0.89%. Keep an eye out for this multibagger stock.
Share Market Today
|Indices Name||Price||Price Change (% change)|
|S&P ASX 200||7073.20||-14.1 (-0.2%)|
|CAC 40||7344.67||41.22 (0.56%)|
|Dow Jones||36245.50||294.61 (0.82%)|
|FTSE 100||7537.28||72.65 (0.97%)|
|Hang Seng||16855.83||-168.79 (-0.99%)|
|US Tech 100||14298.26||118.3 (0.83%)|
|Nikkei 225||33431.51||-55.38 (-0.17%)|
|S&P 500||4594.63||26.83 (0.59%)|
|Gift Nifty||20490.00||160.5 (0.79%)|
|Shanghai Composite||3031.64||1.97 (0.07%)|
|Taiwan Weighted||17438.35||4.5 (0.03%)|
|US 30||36261.00||317.9 (0.88%)|
About the Author
DisclaimerInvestment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Strong listing for Flair Writing Products IPO, then hits lower circuit
- Dec 02, 2023Read More
Escorts Kubota Ltd. witnessed a 4% increase in its total dispatches to dealerships, reaching 8,258 units, reflecting a 3.7% YoY growth. The rise in total dispatches to dealerships for Escorts Kubota Ltd.
- Dec 01, 2023Read More
In a transformative move to enhance local smartphone manufacturing, Dixon Technologies (India) Ltd. has inaugurated a smartphone manufacturing plant in Noida.
- Dec 01, 2023Read More