Multibagger Stock: The shares of a small company Marsons Limited continue to rise rapidly. Shares of the company that manufactures and distributes transformers rose by 5 percent to Rs 280.90 on Friday. The company’s shares have made their new high of 52 weeks. Shares of Marsons Limited have increased by more than 4900% in the last one year. Marsons Limited has now received a big order. In the last one month, the shares of the company have increased by about 150%.
The company has received an order worth Rs 675 crore
Marsons Limited said in an exchange filing that the company has received a letter of intent from NACOF Energy to develop a 150 MW grid-interactive ground-mounted solar PV power generation plant. This project will be completed in technical collaboration with third party Aditya Clean Systems, in which the third party will provide technical support to the company. The total order value of this project is Rs 675 crore and it is to be completed in 12 to 18 months.
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4900% jump in shares in one year
Shares of Marsons Limited have seen a sharp rise of 4916% in the last one year. The company’s shares were at Rs 5.60 on September 27, 2023. Shares of Marsons Limited have reached Rs 280.90 on 27 September 2024. So far this year, shares of Marsons Limited have seen a rise of 3398%. The shares of the company were at Rs 8.03 at the beginning of this year on January 1, 2024, which reached above Rs 280 on September 27.
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Company’s shares rose 680% in 6 months
Shares of Marsons Limited have jumped 680% in the last 6 months. The shares of the company were at Rs 36 on March 27, 2024, which reached Rs 280.90 on September 27, 2024. In the last 3 months, the shares of Marsons Limited have seen a rise of 337%. Currently, the shares of Marsons Limited are trading on the Bombay Stock Exchange under the umbrella of Z Group stocks.
