Multibagger Update: This scrip hits upper circuit for fifteen consecutive sessions, soar 75 per cent in just one month!

Mandar Wagh
/ Categories: Trending, Multibaggers
Multibagger Update: This scrip hits upper circuit for fifteen consecutive sessions, soar 75 per cent in just one month!

This multi-bagger textile stock has been hitting the upper circuit since June 7, 2022 and its shares soared 219 per cent in just six months!

On Monday, only buyers were seen in the case of United Polyfab Gujarat Ltd as the scrip hit 5 per cent upper circuit at Rs 55.35 per share on NSE for the fifteenth straight session. This Its shares soared 219 per cent in just six months! Considering a one-month time period, the stock has surged nearly 75 per cent and delivered returns of over 20 per cent in just five trading sessions.   

Regarding the company’s financial performance, it recorded net sales and other operating income of Rs 172.76 crore thereby, posting a growth of 135.89 per cent from Rs 73.24 crore registered in Q4FY21. Q4FY22 recorded a net profit of Rs 1.90 crore in comparison with the net profit of Rs 1.48 crore in the same quarter of the previous year, surging 28.42 per cent.  

Incorporated in 2010, United Polyfab Gujarat Ltd is mainly into the manufacturing and trading of woven fabrics & yarn. The company is also engaged in the weaving of grey denim, grey fabric, and grey cotton fabric.  

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