After the selling pressure of initial hours, Nifty recovered 100 points from day’s low and closed around the opening level at 18,315. S&P BSE Sensex closed 178 points higher at 61,940 level. Nifty Midcap 100 and Nifty Small cap 100 also recovered from day’s low and closed nearly flat.   

The stock gave multibagger returns of 110.84 per cent from its 52-week low of Rs 547.10 per share.

Shares of the company have given about 20 per cent returns in the last six months.   

 About 1,620 shares have advanced, 1,778 declined and 154 are unchanged on BSE.  

The company has reduced its debt in the financial year 2022-2023 and the current debt of the company is just Rs 2.75 crore as of March 2023.   

Share price jumps over 6 per cent after strong Q4 numbers.

With the exception of Nifty FMCG and Nifty Media, all indices were trading with cuts in the sectoral space. 

The stock gave multibagger returns of 116.35 per cent from its 52-week low of Rs 52 per share.

The stock gave returns of over 250 per cent over the period of 6 years whereas BSE FMCG Index is just up 40 per cent.

The company has a market of over Rs 1,600 crore and delivered a good profit growth of 106 per cent CAGR over the last 3 years.