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Ceinsys Tech bagged a ₹6,41,92,000 order- gives 340% return on its shares in a year

Business Finance

A bright opportunity has come up for stock market investors. This Holi, Ceinsys Tech, a computer software and consultancy company, received fantastic news.

According to the business’s statement to the stock market, on March 23, 2024, the Maharashtra Industrial Development Corporation (MIDC) placed an order with the company for the delivery of AutoCAD. Orders for management, 100 more multi-user licences, and AutoCAD improvements were also received by the business. The company is bound to finish the work within 3 years. This work order is for a total of Rs. 6,41,92,000.

Ceinsys Technology Share Performance

Ceinsys Tech is a multibagger stock. In just one year, this investment has yielded impressive gains of 340 percent. Thus, six months of 180 percent returns and three months of 64 percent returns. The IT company is valued at Rs 952.18 crore on the market. The 52-week high for the stock is 654.45, and the 52-week low is 116.25. On March 22, the shares closed at 582.75.

(Disclaimer: Consult an expert before investing in the stock market)

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