Multibagger Stock: Most investors look for multibagger stocks. By investing in them, strong returns can be earned in a short time. One such stock is CFF Fluid Control Limited. Today, on September 12, the shares of this company have gained 3.22 percent. This stock closed at Rs 764 on BSE. This is the third consecutive day when the company’s shares have closed in the green. During this period, this stock has risen by about 14 percent. With today’s rise, the company’s market cap has increased to Rs 1,487 crore. The stock’s 52-week high is Rs 949 and 52-week low is Rs 345.80.
CFF Fluid Control receives two orders
CFF Fluid Control Limited has received two important contracts. The company has received an LOI of about Rs 267.60 crore from Cochin Shipyard Limited. Under this, Low Frequency Variable Depth Sonar (LFVDS) systems will be supplied for Yard 523-528. The LFVDS system is to be delivered by June 2032.
Apart from this, the company has received a contract of Rs 10.46 crore from Material Organization, Mumbai to provide spare parts for the P75 project. These spare parts are to be delivered by January 2025.
About CFF Fluid Control
CFF Fluid Control Limited primarily manufactures and services shipboard machinery. It is an aerospace and defense stock. The company manufactures critical component systems and test facilities for submarines and surface ships for the Indian Navy.
360% return in 15 months
In the last 6 months, the company’s shares have risen by a whopping 99 percent. So far this year, the stock has risen by 82 percent. In the last one year also, it has given a return of about 82 percent. Apart from this, in the last 15 months, its investors have made a great profit of about 360 percent.
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