Institutional investor interest in the stock has risen significantly, with Foreign Institutional Investor (FII) holdings increasing to 15.55 per cent in the quarter ending December 2023 from 4.23 per cent in December 2022.

Of significant note is the remarkable reduction in the company's debt-to-EBITDA ratio, which has undergone a substantial decline from 5.7x in FY'22 to 2.8x on an annualized quarterly basis, signaling a notable financial transformation. Despite surpassing guidance in debt reduction, the company continues to generate free cash flow

Foreign Institutional Investors (FIIs) had progressively increased their ownership in the company to 3.22 per cent

The stock gave multibagger returns of 141.35 per cent in just 1 month whereas BSE Small-cap Index is down by 3.36 per cent.