New Delhi, Sept. 17 -- Small-cap stock Agarwal Industrial Corporation rose as much as 5 per cent to Rs.949.95 apiece in Monday's trading session after the company informed that it has secured a tender from Indian Oil Corporation.

Agarwal Industrial share price have gained momentum in near-term by giving 11 per cent returns in a month. However, the scrip has descended over six per cent in six days and 21 per cent in last one year. The small-cap stock has proven to be a multibagger stock by giving 830 per cent returns in five years.

In a regulatory filing made during market hours today, the company announced that it has won a tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to Kakinada locations.

The confirmed order includes roughl...