Many of the greatest companies started very small, with their stocks valued in single digits. In other words, they started as what the investment world calls “penny stocks or micro-cap.”

In just 6 months, the stock gave multibagger returns of 640 per cent. The stock also traded at a 52-week high of Rs 500.  

Shares of the company are trading at a P/E of 16.5.

Based on the principle of demand supply mechanism, exchange will arrive at the equilibrium price – the price at which the maximum number of shares can be bought / sold.

The stock returned 60.40 per cent in the last 6 months and multibagger returns of 693.16 per cent in just 1 year.

Investing in equities is the first chapter of many a rags-to-riches story. Some of the wealthiest individuals in the world owe their success to the stock market. It is only because of investing, individuals like Warren Buffett, Rakesh Jhunjhunwala and many more now rank as billionaires.

Shares of the company are trading at a P/E of 7.72x.

The stock gave multibagger returns of 113.78 per cent in just 6 months with a PE of 10.45x and an ROE of 21.02 per cent.

About 1,493 shares had advanced, 1,953 declined and 1647 were unchanged on BSE.

The scheme of arrangement provides for demerger of trading textiles division of the demerged company and vesting the same into the second resulting company