GHV Infra Projects Multibagger Stock: A huge jump was seen in the shares of GHV Infra Projects Limited in the stock market on Wednesday, 11 February. There was an upper circuit of 5 percent in this. The stock has registered a gain of more than 15 percent in the last five trading sessions.
A big work order received by the company is being considered as the main reason behind this increase. For this reason, investors are keeping a special eye on the company stock. Talking about the return figures, in the last 5 years the company shares have given multibagger returns of 7,950 percent to the investors. Let us know about this stock…
Shares rise due to announcement of new project
A rise in the shares of GHV Infra Projects was seen when the company informed about a big work order on 10 February. According to the company, it has got the contract for construction of water storage pond in Haryana from MHK Buildcon LLP company. The total value of this project is said to be Rs 135 crore.
The company has been given 22 months time to complete this work. Due to which its revenue is expected to increase in the coming time. The company has also made it clear that this is a completely domestic project and the promoter or any group company has no stake in it. After this news the shares started running like a rocket.
Investors got multibagger returns
If we take a look at the company’s return figures, this stock has proved to be a multibagger stock for investors in the long term. In the last 5 years, this stock has given a profit of more than 7,950 percent to the shareholders. At the same time, in the last three years it has seen a tremendous growth of about 6800 percent. Due to which investors have got the opportunity to earn huge profits.
Company’s condition in stock market
There was a tremendous rise in the shares of GHV Infra Projects Limited on Wednesday, February 11. The company shares hit upper circuit during the trading day. At the end of the day, the company shares closed at Rs 262.35, up 4.98 percent or Rs 12.45.
The shares started the day at Rs 262.35. The 52-week high level of company shares is Rs 362.40 and the 52-week low level is Rs 32.86. The market cap of the company is around Rs 1,809 crore.
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