According to the financials, the company reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22.

The stock gave multibagger returns of 602.13 per cent in the past 2 years whereas BSE Small-cap Index rose by only 32 per cent.

The stock gave multibagger returns of 320 per cent in just 6 months whereas BSE Small-cap Index is up by only 1.90 per cent. 

The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE. 

The stock gave 87.89 per cent returns in just 1 month whereas BSE Sensex was down by 3.39 per cent. Investors should keep an eye on this penny stock.

The stock is up by 314.04 per cent year to date while BSE Sensex has only increased by 2.95 per cent year to date.

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 981 points or 1.61 per cent at Rs 59,845.29.

The public holds approximately 61.80 per cent of the stock, while promoters hold 38.19 per cent. In the most recent quarter, promoters reduced their stake by 29.45 percent in Q2FY23 compared to Q2FY22. 

The stock is up by 83.75 per cent in 6 months while BSE Sensex has only increased by 19.7 per cent in 6 months. Investors must keep this stock on their watch list.

On Wednesday, the benchmark indices closed higher with Sensex up around 0.23 per cent at 62,667.91, and BSE Consumer Discretionary also closed higher, up by 0.55 per cent at 5,932.85.

The stock has increased by 54.72 per cent year to date, although the BSE Sensex has only increased by 5.66 per cent. Investors must keep this stock on their watch list.

About 1,207 shares have advanced, 2,309 declined and 124 are unchanged. PSU Banks, FMCG and pharmaceutical companies have witnessed healthy buying interest but IT and teck equities continue to struggle. However, the Indian indices ended the day higher.