On Tuesday, shares of the company surged by 5 per cent and reached its upper circuit of Rs 102.82. 

In Q4FY23, the company reported a 40 per cent increase in net sales YoY.

The company has a market cap of over 1,246.84 crore with a 5-year CAGR of 205 per cent. The shares of the company have a ROE of 71 per cent and a ROCE of 96 per cent.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 72.99 points or 0.12 per cent

Shares of the company grew by more than 65 per cent in the last six months.

The net sales increased by 1,345 per cent to Rs 33.98 crore and net profit skyrocketed by 2,414 per cent to Rs 1.92 crore in Q4FY23 over Q4FY22. The net sales increased by 918 per cent to Rs 506.62 crore and net profit skyrocketed by 1,047 per cent to Rs 2.01 crore in FY23 over FY22.

Commenting on the development, Rudra Sen Sindhu, chairman, of Sindhu Trade Links, said, "I am very happy that as an investor-friendly measure, the company has got its equity shares listed on NSE, which eventually creates greater visibility and further increases its reach. Increasing presence is of great deal to the company as there can be more and more investor interactions and involvement."

The stock gave multibagger returns of 340 per cent in just 2 years and over 800 per cent returns in 5 years. In the last financial year, the company declared bonus shares in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

The net sales increased by 56.25 per cent to Rs 50 crore and net profit skyrocketed 400 per cent to Rs 10 crore in FY23 over FY22.

· Net profit of Rs 318 crore for Q4FY23 is up by 119.31 per cent on YoY basis, compared to Q4FY22.