Multibagger SME stock: Shares of small and medium enterprise (SME) company Baheti Recycling Industries hogged the limelight in trade on Monday, May 12, following a significant order win.
The multibagger SME stock, with a market cap of ₹658 crore, surged a whopping 9% in intraday trade following a ₹121 crore order from Minda Corporation Limited.
“… We would like to inform you that Baheti Recycling Industries Limited has entered into a Memorandum of Understanding (MOU) with Minda Corporation Limited. As per the terms of the MOU, Baheti Recycling Industries Limited shall supply a quantity of 4,368 Metric Tonnes (MT) of Aluminium Alloy Ingots during the financial year 2025-26. The estimated value of this supply is approximately (gross) INR 121 crores,” the company said in a filing today.