In the past three months, shares of the company have climbed by around 185 per cent!

Shares of the company jumped more than10 per cent in the morning trade. 

If there is one segment in the domestic market which is buzzing and gushing, it has to be the IPOs of small and medium enterprises (SME). The increasing popularity of SME stocks has certainly gained the limelight among the retail and HNI groups.

The stock is experiencing heavy fresh buying as spurt in volume was more than 4 times on session today.

An investment of Rs 1 lakh made in this stock would now be worth more than Rs 19 lakh!

The company is a constituent of the BSE 500 index. 

The first quarter of FY22 saw an increase in revenue of 115 per cent compared to the same period a year before, as well as an increase of 12 per cent compared to the previous quarter.

The stock soared 637 per cent over the past one year and has provided outstanding gains of 86 per cent in just one month!  

The IPO market that was buzzing & rollicking in the calendar year 2021, is also feeling the pinch as the central banks across the globe are aggressively tightening their monetary policy.

Thereafter, the stock staged a smart rally as it witnessed a V-shaped recovery and went on to touch a fresh all-time high of Rs 1,399 on Friday. The stock is seen outperforming the broader market indices hands down.