The stock gave multibagger returns of 121 per cent in just 6 months whereas BSE Sensex Index is up by 10 per cent.

The company has introduced a new plant at our existing Panipat facility dedicated to producing Thermo Plastic Elastomer (TPE). The estimated investment for the project is Rs 2.50 crore.

The company has demonstrated commendable profit growth, with an impressive Compound Annual Growth Rate (CAGR) of 44.9 per cent over the past 5 years.

Shares of this company have gained more than 80 per cent in the last six months.

The stock has witnessed significant buying activity as it has given multibagger returns of more than 123 per cent in just one year.

The company entered into an agreement for the purchase of land with Indus Project Ltd and paid approx. Rs 10 crore under the memorandum of agreement. Furthermore, the company has introduced a new plant at our existing Panipat facility dedicated to the production of Thermo Plastic Elastomer (TPE). The estimated investment for the project is Rs 2.50 crore.

The company has also delivered good profit growth of 30.7 per cent CAGR over the last 5 years.  

The shares of this micro-cap company made a fresh 52-week high of Rs 527.90 a piece on BSE on August 8, 2022.  

 Last week, the stock witnessed a price-volume breakout by 3x.