The stock has a PE of 7.47x whereas industry PE is 35.9x and gave multibagger returns of over 100 per cent from its 52-week low of Rs 68.75 per share.

According to standalone quarterly results, the net sales increased by 145.61 per cent and net profit increased by 46.25 per cent in Q4FY23 over Q4FY22. According to standalone annual results, the net sales increased by 128.33 per cent and net profit increased by 1,048.90 per cent in FY23 over FY22. The EPS for FY23 stood at Rs 14.83.

On Friday, shares of the company surged 4.02 per cent to an intraday high of Rs 154.40 per share with a spurt in volume by more than 4.38 times on BSE