Multibagger Stock Under 100: Micro-Cap Company NMS Global Ltd (BOM: 522289) hit a 10% upper circuit on the last trading day of this week. The stock has recently witnessed heavy buying after getting a huge order worth RS 2,33,44,665 crores.
Order Details
NMS Global Ltd bagged a huge order worth Rs 2,33,44,665 crroe from Defence PSU Company Bharat Electronics Ltd (BEL). The company has got a contract to build a government higher primary school in Raichur district, Karnataka. The project is expected to be completed within 15 months, as per the agreement.
NMS Global Share Price History
NMS Global Ltd has given impressive returns of 226% to shareholders in the last one year. In the last 3 trading sessions, it’s continuously hitting upper circuit. The share price has reached Rs 69.89 from Rs 52 within 3 days with 34% gain. The 52-week high is Rs 97.48 and 52-week low Rs 19.35 respectively.
About the Company
NMS Global Ltd formerly known as IFM impex Global Ltd is a leading civil construction company. The company’s main business includes civil construction, financial consultancy services etc. Earlier the company was engaged in the business of payroll services, infrastructure skill development, trading and consultancy services.
Fundamentals
Let us tell you that NMS Global Ltd is a Micro-Cap company. The market cap of the company currently stands at Rs 21.01 crore.
The company has seen huge profit growth of 4,157.14% in the last year. Similarly, sales are up by 359.13%. The ROE and ROCE are 26.73% and 5.53% respectively.
In the last quarter NMS Global revenue generation increased to Rs 6.76 crore, representing a 79.07% growth YoY. Investors should keep an eye on this micro-cap stock as there’s a huge growth prospect in future.
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