On a YTD basis, the stock delivered multibagger returns of 436.7 per cent while the BSE Sensex gained only 3.15 per cent. Investors should keep a close eye on this textile stock.

The PE multiple of the stock is just 2.12 whereas the industry PE multiple is 10 and an ROE of 308 per cent.

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 461.22 points or 0.75 per cent at 61,337.81. About 1,334 shares had advanced, 2,213 declined and 105 were unchanged.

The company has a PE multiple of only 18.9 while the industry PE multiple is 34.2 and an ROE of 28.2 per cent, all of which point to strong managerial performance.