Don’t miss out action on this textile stock in the coming week as the flag breakout indicates that the stock could remain in the limelight.

The stock PE multiple is 5.04 whereas the industry PE multiple is 15. All of this points to excellent managerial performance and hence it witnessed some fresh buying today.

In comparison to FY22, the corporation doubled its operating profit and net profit in FY23. On BSE today, the company saw a spurt in volume by more than 14 times.

It also reached a new 52-week high of Rs 375 apiece, after securing an order worth Rs 260 crore.

The stock is up by 114.29 per cent in one year while BSE Sensex is up by 9.16 per cent in one year.

The company achieved a record of 100 per cent returns in just 6 months.

The stock has increased by more than 200 per cent, while the BSE Sensex has increased just by 13.80 per cent in 6 months.

Today, the stock of this company was locked at 20 per cent at Rs 85.30.

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.

For the latest September quarter, the company’s net profit jumped YoY by 262 per cent.

Today, the stock of this company was locked at 20 per cent at Rs 43.80.

Today, the stock of this company was locked at 20 per cent at Rs 139.80.