Amidst the prevailing uncertainty and cautious trading in the global markets, there emerges a beacon of success: Affordable Robotic & Automation (ARAPL). This company, a veteran in the automation industry for over a decade, operates across diverse sectors including Automotive, Non-Automotive, General Industries, Real Estate, and government projects. With a clientele spanning India, China, and other parts of Asia, ARAPL has firmly established its dominance in Automated Robotic Welding, Robotic Multilevel Parking, and Warehouse Automation.

In a market where stability is scarce, ARAPL's stock defied the odds, surging an impressive 10% to reach the upper circuit limit at Rs 701.50. The secret behind this remarkable performance lies in the success of its subsidiary, ARAPL RaaS. This subsidiary recently secured a groundbreaking contract worth $1.5 million with a leading American company, showcasing ARAPL's global reach and capabilities.

ARAPL RaaS Pvt Ltd, an 81% owned subsidiary of ARAPL, specialises in a wide array of services such as Warehousing Solutions, Automatic Guided Vehicles (AGV), Truck Loading and Unloading Solutions, Order Fulfilment, Conveyor Systems, Carousels, and various Robotic Applications. Notably, it offers Robotic as a Service (RaaS) ? a cutting-edge approach integrating robotics with artificial intelligence.

What amplifies this success story is the involvement of a legendary figure in the stock market: Vijay Kedia. Often dubbed the "man with the Midas touch," Kedia holds a remarkable 12.07% stake in ARAPL, equivalent to 1,228,800 shares. His association with the company stands as a robust vote of confidence in its potential.

In the past year alone, ARAPL's stock has soared by an astounding 391.25%, solidifying its position as a true multibagger stock.

Source: dsij.in