The widespread appeal of the yellow metal, coupled with the current bullish momentum, presents a favourable opportunity to stay invested in gold as a long-term strategy, states Mangesh Chauhan, MD & CFO of Sky Gold Ltd

Sky Gold Ltd has demonstrated remarkable performance over the past year, with a YTD return of 291.66 per cent. The stock's strong performance extends to shorter time frames, with a 3-month return of 193.93 per cent and a 6-month return of 144.21 per cent. While the 1-month return of 36.02 per cent is the lowest among the periods considered, it remains positive, indicating a consistent upward trend. The company was listed on the stock exchange on January 6, 2023.

The stock delivered multibagger returns of 153.20 per cent and 172.30 per cent over the 6-months and 1-year period respectively.