The stock is up 25 per cent from its 52-week low of Rs 40.25 per share and has given multibagger returns of over 1,580 per cent in 5 years.

Top 3 price-volume breakout stocks

This article is authored by Nimesh Chandan, CIO, Bajaj Finserv AMC

 

On the same day, 92 stocks hit a 52-week high while 29 stocks touched a 52-week low.

The stock gave multibagger returns of 535 per cent in 2 years and a whopping 2,400 per cent in 5 years.

The stock gave multibagger returns of 390 per cent in 3 years and 1,000 per cent in 5 years.

Despite the recent uptick, the stock has declined by 26.17 per cent on a year-to-date basis. However, it has gained over 11 per cent in the past three months and has delivered multibagger returns of 613 per cent over a five-year period.

"A diversified equity portfolio comprising well-managed companies with scalable operations, a focus on capital efficiency, and strong earnings growth is likely to offer long-term stock appreciation for investors," explains Yogesh Patil, CIO - Equity, LIC Mutual Fund

The shares of the company have a PE of 15x, an ROE of 20 per cent and an ROCE of 20 per cent.