Micro-cap stock that is into providing BPO and ITES services hits 5 percent upper circuit in the day’s trade after it receives a work order with a total value of Rs. 72.42 Crores, from Uttar Pradesh Police to act as contact center service provider of NexGen UP 112 Project in Uttar Pradesh.
At 12:50 p.m the shares of We Win Limited were trading at Rs. 75.20 up 4.95 percent from its previous day close price of Rs. 78 Crores.
As per the company’s filing, We Win Limited has received a work order valued at Rs. 72.42 Crores, from Uttar Pradesh Police to serve as Contact Centre Service Provider (CCSP) of NexGen UP 112 Project in Uttar Pradesh for a time period of three years which is extendable for another 2 years.
The company’s revenue grew 17.26 percent from Rs. 41.61 Crores in FY22 to Rs. 48.79 Crores in FY23, accompanied by increasing profits of Rs. 2.29 Crores to Rs. 2.6 Crores.
It has reported a return on equity (ROE) of 10.72 percent and a return on capital employed (ROCE) of 13.95 percent, it is making good returns on its equity and capital employed.
We Win Limited is one of the leading outsourcing services companies, it specialises in providing comprehensive and tailored business solutions to players seeking to optimize their operations and focus on their core competencies.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.