Back-to-back upper circuits: This multibagger small-cap stock rallied 89 per cent in last one month!

Back-to-back upper circuits: This multibagger small-cap stock rallied 89 per cent in last one month!

Armaan Madhani
/ Categories: Trending, Multibaggers

The scrip has skyrocketed 88.92 per cent & 216.29 per cent over the last one and two months, respectively

On Friday, the shares of Kshitij Polyline locked at 5 per cent upper circuit, recording an all-time high of Rs 147.60 per share on the bourses. Heavy buying interest has been witnessed in this counter over the last five trading sessions as the stock surged 25.08 per cent.   

The scrip has skyrocketed 88.92 per cent & 216.29 per cent over the last one and two months, respectively.   

Incorporated in 1998, Kshitij Polyline manufactures, distributes, supplies, imports, and exports a wide array of smart ID card products, binding & lamination equipment, related materials, accessories as well as stationery products.  

The company plans to increase its revenue by entering new product ranges and taking advantage of technological advancement. The board of Kshitij Polyline has considered approval to enter the e-commerce space and develop its brand from stationery & ancillary products.  

The company also intends to develop its own website, sell on other e-commerce platforms, open stores for speedy delivery, and tie up with other vendors along with offline & online marketing to increase its revenue through the use of new technology.  

Keep a close eye on this trending multi-bagger Small-Cap stock in the upcoming trading sessions!  

Previous Article This textile stock has a license to sell Disney and Marvel merchandise; do you own it?
Next Article How do higher interest rates contribute to the fight against inflation?
Rate this article:
4.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR