Micro Cap Stock Hits Upper Circuit After Winning ₹110 Cr Order

Shares of We Win charged up to the upper circuit on Tuesday morning thanks to the massive order win.

What Happened: The company on Monday evening announced bagging an order from Uttar Pradesh Development Systems Corporation Limited. The order is for the selection of a call centre agency for the establishment & operation of the chief minister helpline in Uttar Pradesh.

The project is for four years and is further extendable for two years as per requirements. As per the company’s exchange filing, the project’s total value for four years is ₹110.61 crore.

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Earlier this month, the company announced bagging a similar order from the State Health Authority, Uttarakhand. The order is for the selection of a Call Centre Service Provider (CSP) of the State Health Authority, Uttarakhand. The ₹2.14 crore order is for two years.

With a market cap of around ₹80 crore, it is an outsourcing company specialized in providing comprehensive and tailored solutions to businesses seeking to optimize their operations and focus on core competencies. As per the company’s website, its client list includes Swiggy, L&T, Disney+ Hotstar, and IRCTC.

Price Action: Shares of We Win were locked in 5% upper circuit at ₹73.20 on Tuesday.

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