1600% returns in one year! Multibagger stock to watch on Monday after this development

Magnus Steel and Infra has been empanelled as an approved steel supplier for Tata Motors upcoming manufacturing facilities in Gujarat and Maharashtra, having already executed orders worth about Rs 8.5 crore with a further Rs 24 crore pipeline expected in FY27. For FY26, the company reported net profit of Rs 4.5 crore versus Rs 5.67 lakh in FY25, with revenue rising six-fold to Rs 22.58 crore. The board has also approved raising Rs 45 crore through a preferential issue of 4.5 crore equity shares at Rs 10 each to five non-promoter investors.