The stock’s 52-week high is Rs 10.08 and its 52-week low is Rs 5.09.

The shares of the company have a PE of 9.45x whereas the intraday PE is 28.5x with an ROE of 8 per cent and an ROCE of 10 per cent.

The market capitalization of BSE-listed companies was Rs 3,69,32,374 crore or approx. Rs 369 lakh crore as of January 05, 2024.

The stock gave multibagger returns of over 150 per cent from its 52-week low of Rs 13.1 per share.

The following penny stocks are likely to be in focus on Monday, October 16, 2023

The broader market sentiment appeared to be neutral, with about 951 stocks advancing and 909 stocks declining.

The stock had seen back-to-back spurts in volume in recent trading sessions. 

The stock is up by 314.04 per cent year to date while BSE Sensex has only increased by 2.95 per cent year to date.

On Wednesday, the benchmark indices closed higher with Sensex up around 0.23 per cent at 62,667.91, and BSE Consumer Discretionary also closed higher, up by 0.55 per cent at 5,932.85.

Today, the stock of this company was locked at 20 per cent at Rs 5.88.

The stock has performed exceptionally well as it has delivered returns of over 60 per cent in the last six months. Interestingly, with this ascend, the stock is trading near its 52-week high of Rs 20.50 and on the weekly chart, the stock is undergoing a formation of an inverted head and shoulder pattern.