4,000% multibagger returns & 52-week high alert: Company receives order of Rs 46.21 crore from Companion Vinimay Trading Pvt Ltd

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4,000% multibagger returns & 52-week high alert: Company receives order of Rs 46.21 crore from Companion Vinimay Trading Pvt Ltd

The stock has given multibagger returns of 478 per cent from its 52-week low of Rs 43.55 per share and a whopping 4,000 per cent in 5 years.

Yogi Limited received domestic purchase orders from Companion Vinimay Trading Private Limited for a total of approximately Rs 46.21 crore (excluding taxes). These orders are for the supply of a complete set of industrial components, including Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tools Changer & Additional Axis, and other accessories. The delivery of these products is expected to be completed within approximately 15 days

Earlier, the company received purchase orders from Companion Vinimay Trading Private Limited, totalling approximately Rs 80 crore (excluding taxes). These orders are for a comprehensive range of industrial components, including Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tools Changer & Additional Axis, and other accessories.

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Established in 1994 as PIL, Yogi Ltd. has evolved into a prominent real estate developer, undergoing a business nature and name change in FY23. The company's diverse operations encompass real estate development, contracting, building, town planning, infrastructure development and engineering. Furthermore, Yogi Ltd. actively engages in buying, acquiring, renting and leasing all types of immovable and movable properties and deals in a wide range of assets including construction equipment, various types of properties (houses, shops, industrial sheds, plots, flats), vehicles, plants, machinery and technology assets like computers.

The company has a market cap of over Rs 500 crore. The stock has given multibagger returns of 478 per cent from its 52-week low of Rs 43.55 per share and a whopping 4,000 per cent in 5 years. On Tuesday, shares of Yogi Ltd jumped over 7 per cent and hit a fresh 52-week high of Rs 208 per share from its previous closing of Rs 194.25 per share.

Disclaimer: The article is for informational purposes only and not investment advice.