Shares of GHV Infra Projects Limited saw a significant surge in the stock market on Wednesday, February 11th. They hit an upper circuit of 5%. Let's learn more about this stock...

This multibagger stock gave strong returns

GHV Infra Projects Multibagger Stock: Shares of GHV Infra Projects Limited saw a significant surge on the stock market on Wednesday, February 11th. They hit a 5% upper circuit. The stock has gained more than 15% in the last five trading sessions.

This surge is believed to be driven by a large work order received by the company. Consequently, investors are keeping a close eye on the company's stock. Return figures indicate that the company's shares have delivered a multi-bagger return of 7,950% to investors over the past five years. Let's learn more about this stock...

Shares surge after announcement of new project

Shares of GHV Infra Projects surged after the company announced a major work order on February 10. According to the company, it has received a contract from MHK Buildcon LLP to construct a water storage pond in Haryana. The total value of this project is estimated at ₹135 crore. 

The company has been given 22 months to complete this project. This is expected to boost revenue in the future. The company has also clarified that this is a completely domestic project, with no promoter or group company holding any stake. Following this news, the stock skyrocketed.

Investors got multibagger returns.

A look at the company's return data shows that this stock has proven to be a multibagger for investors over the long term. Over the last five years, the stock has returned over 7,950% to shareholders. Furthermore, over the past three years, it has seen a massive gain of nearly 6,800%, providing investors with the opportunity to earn substantial profits. 

The company's condition in the stock market

Shares of GHV Infra Projects Limited saw a sharp rise on Wednesday, February 11th. The company's stock hit the upper circuit during the trading day. At the end of the day, the company's shares rose 4.98 percent, or ₹12.45, to close at ₹262.35.

The shares opened the day at ₹262.35. The company's 52-week high is ₹362.40, and its 52-week low is ₹32.86. Its market cap is approximately ₹1,809 crore.