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News for India > Business > Multibagger small-cap stock jumps over 5% on bagging 5-year contract from Karnataka govt | Stock Market News
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Multibagger small-cap stock jumps over 5% on bagging 5-year contract from Karnataka govt | Stock Market News

Last updated: July 22, 2025 11:30 am
2 weeks ago
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Multibagger small-cap stock Atishay contract detailsMultibagger small-cap stock Atishay share price movement

Stock Market Today: Multibagger small-cap stock gained more than 5% during the morning trades on Tuesday on bagging a 5-year contract from the Karnataka government. Check Details about Atishay Limited

Multibagger small-cap stock Atishay contract details

Atishay Limited on Tuesday, 22 July 2025, intimated to the exchanges about the award of a 5-year rate contract by the State Election Commission, Karnataka, to Atishay Limited-led Consortium.

Atishay release on the BSE, or the Bombay Stock Exchange, that Atishay Limited name appeared as the prime bidder, in consortium with Gundal Business Private Limited, and has been awarded the Rate Contract Work Order by the State Election Commission, Karnataka, for the project. The project is titled “Preparation (Generation, Integration & Merging of Electoral Database) and Printing of Photo Electoral Rolls & Other Printing Works Activities (Service Tender).”

This work order obtained by Atishay pertains to elections to local bodies across 31 districts in the State of Karnataka, and the contract is valid for a period of five (5) years, i.e., up to July 20, 2030.

Multibagger small-cap stock Atishay share price movement

Atishay share price opened at ₹133.40 on the BSE on Monday. The Atishay share price at the time of opening was up more than 3% compared to the previous day’s closing price of ₹128.95. Atishay share price thereafter gained further to an intraday high of ₹135.80, which translated into gains of more than 5% during the intraday trades for Atishay share price.

The Atishay share price that had seen a 52-week, or 1-year, high of ₹249.90 on 13 December 24, however, has corrected significantly ever since with the correction in the broader markets. It is the contracts like the one obtained on 22 July that are helping lift up investor sentiments.

Atishay share price, despite significant correction, however, is still up more than 237% in the last 5 years and has given multibagger returns to the investors.

Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.



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TAGGED:contractKarnataka GovernmentMultibaggersmall cap stockStock market today
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