The shares of one of the biggest manufacturers of heavy engineering equipment in the railway business have been locked in a lower circuit of 5 per cent at Rs 160.90 per share. The company has not made any substantial announcements since the above one. As a result, the drop in the share price could be completely due to market forces.

The stock gave multibagger returns of 250 per cent in just 6 months, 3,135 per cent in 2 years and over 6,000 per cent in 3 years.

The stock has surged over 300 per cent in the last one year.    

Shares of the company have gained more than 80 per cent in the last six months. 

Looking at the action in the stock price today, it looks like the market anticipates stellar results from the company.