The stock has given multibagger returns of over 1000 per cent in the last three years and in the last three months the stock has jumped nearly 96 per cent. The new management is making efforts to capitalize on the existing brand name and taking several other steps to register steady growth.

Today, the stock of this company was locked at 20 per cent at Rs 29.20.

At 11 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 fell sharply post US market’s reaction to the newly-arisen fear of aggressive rate hike by Federal Reserve.