In Tuesday’s trading session, the shares of the world’s biggest Non-Emergency integrated grievance provider hit a 2% upper circuit at Rs. 75.97, after the company received an order worth approx. Rs. 13.4 crore from the State Agency for Public Service, Madhya Pradesh.
With a market cap of Rs. 74.2 crore, We Win Limited has delivered positive returns of nearly 73.2 percent in one year but around 13 percent of negative returns year-to-date.
What’s the news:
According to the latest regulatory filings with the stock exchanges, We Win Limited received a work order valued at Rs. 13.39 crore from the State Agency for Public Service, M.P., a registered agency of Govt. of MP under the Department of Public Service Management.
The order is for the Operation and Maintenance of the CM Helpline Outbound Call Centre in the state of Madhya Pradesh, with an execution time of 5 years which can be extended for another period of a maximum of 1 year upon satisfactory performance.
Financial Performance & Shareholding Pattern:
In terms of financials, the revenue from operations stood at Rs. 19.4 crores in Q4 FY23-24, rising by 42.6 percent YoY from Rs. 13.6 crores in Q4 FY22-23, while the after-tax profit grew by 9.2 percent to Rs. 0.95 crores from Rs. 0.87 crores, during the same period.
As per the shareholding pattern of March 2024, the Promoters hold a 70.8 percent stake in the company, while Retail Investors hold a 29.2 percent stake in We Win Limited.
About the company:
We Win Limited, previously known as Surevin BPO Services Limited, is primarily engaged in the business of Customer Relationship Management (CRM) Services including call centers and support center services.
Incorporated in 2007, the company provides Next Generation Citizen Experience, Contact Centre, and Digital Transformation services.
Written by Shivani Singh
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