3,884% return in 2 years: This inventory hits higher circuit regardless of market crash – Here is why
As per the knowledge shared with the exchanges, the corporate has obtained the contract for the statewide rollout of the Nationwide Widespread Mobility Card.
Shares of Eraaya Lifespaces, through which Overseas Institutional Buyers (FII) have a major holding, are locked within the 2 per cent higher circuit right this moment, July 25, 2025, whilst benchmark indices Sensex and Nifty tumbled round 0.75 per cent. That is the second straight day when the inventory has hit the higher circuit. The counter opened with a leap of two per cent to 50.67 on the BSE. The inventory is in motion right this moment after it gained Rs 140 crore order from Maharashtra State Highway Transport Company (MSRTC).
The counter has been gaining for the final two days and has risen by 3.88 per cent within the interval. Technically, it trades Greater than the 5-day, 20-day and 50-day transferring averages however decrease than the 100-day and 200-day transferring averages.
As per the June 2025 shareholding sample, promoters personal a 35.61 per cent stake in Eraaya Lifespaces. Then again, FIIs have 22.47per cent stake.
Contract From MCRTC
As per the knowledge shared with the exchanges, the corporate has obtained the contract for the statewide rollout of the Nationwide Widespread Mobility Card.
“…secured a ₹140 crore contract with the Maharashtra State Highway Transport Company (MSRTC) for the primary statewide rollout of the Nationwide Widespread Mobility Card (NCMC) for concessionaires in India,” the submitting reads.
Earlier to this, the corporate awarded a contract to produce and preserve 38,622 Android-based Digital Ticketing Machines (ETMs) built-in with an internet reservation system.
Share Value Historical past
In accordance with BSE Analytics, the counter has given a multibagger return of three,884 per cent in two years and 6387 per cent in three years. Nevertheless, it has corrected 36.75 per cent in a single yr. Thus far this yr, it has corrected 56.30 per cent.
Share Market Right now
Fairness benchmark indices Sensex and Nifty tumbled in early commerce right this moment, dragged down by Bajaj Finance and protracted international fund outflows.
The 30-share BSE Sensex dropped 407.45 factors to 81,776.72 in early commerce. The 50-share NSE Nifty declined 144.3 factors to 24,917.80.
(This text is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
