Shares of the company gained more than 40 per cent in the last six months.

The company manufactures parts and components for the leading India-based consumer electronics brand ‘BOAT’ owned by Aman Gupta. 

The markets ended Monday’s trading session on a high note, owing to better sentiments from domestic investors.

On Tuesday, the benchmark indices ended the volatile trading session on a lower note. Sensex slipped 105.82 points or 0.19 per cent at 54,364.85 level while Nifty plunged 61.90 points or 0.38 per cent at 16,240 level. 

On Wednesday, the domestic equity markets were driven majorly by events namely the commencement of the IPO of Life Insurance Corporation (LIC) and an increase of 40 bps in repo rate by Monetary Policy Committee (MPC).