Shares of the company have gained more than 40 per cent in the last six months.

It has experienced substantial buying momentum, with its stock soaring over 71 per cent in the past three years.

Earlier, in the current financial year, the company underwent a stock split, reducing its face value from Rs 10 to Rs 1. The company traded ex-stock split on May 05, 2023.

On August 10, foreign institutional investors (FII) bought shares worth Rs 331.22 crore, while domestic institutional investors (DII) purchased shares worth Rs 703.72 crore.

Moreover, the stock has zoomed more than 190 per cent in just 1 year

Besides this, the Company is also looking to explore some other Real Estate Developments in the near future on the various lands owned by the company across various locations in the country and expects that this division of the company will be a Major Contributor to the revenues and profits of the company in the years to come.

According to the annual results, the net sales increased by 32.86 per cent to Rs 3,601.19 crore and net profit increased by 53.05 per cent to Rs 215.46 crore in FY23 compared to FY22.

The company has a strong track record of profit growth, with a CAGR of 37.2 per cent over the past 5 years. It is also debt-free and has a good ROE (27.90 per cent) & ROCE (37.30 per cent) and dividend payout (48.60 per cent), which are all signs of a healthy business. Additionally, the stock is trading at 0.01 times its book value of Rs 178.

Shares of the company gained more than 25 per cent in the last six months.

The shares of the company have a PE of 20x, an ROE of 18 per cent and a ROCE of 21 per cent. The net sales increased by 20.80 per cent to Rs 302 crore and net profit increased by 10 per cent to Rs 44 crore in FY23 over FY22.