The company is involved in the business of manufacturing, selling, trading of packaging and building products. 

The S&P BSE Mid-Cap dropped by 125 points only and is at a level of 24,213.

The stock has jumped more than 6 per cent in the morning trade.

The stock gave multibagger returns of 143.77 per cent in the last two years.  

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 605.93 points or 1.02 per cent.

On Friday, Indian equity markets were dominated by bears. Nifty 50 and Sensex recorded losses of more than 1.40 per cent each.

The stock has returned 71.50 per cent year to date and in just one year, it has generated multibagger gains of 224.16 per cent.

Watch out for these large-cap stocks in Monday’s trading session!

With the market gripped by uncertainty, market participants tend to take the flight to safety and hence, demand for stocks which have cash reserves surges. There is a perception that these companies tend to provide good dividends, however, one needs to check their debt level as well.

In just 6 months, the stock gave multibagger returns of 226.37 per cent.