This multibagger smallcap stock surges more than 19 per cent today to make a new 52 week high!

Bhavya Rathod
This multibagger smallcap stock surges more than 19 per cent today to make a new 52 week high!

In the last one month alone, the stock has surged more than 43 per cent

On Thursday, shares of Mold-Tek Technolgies skyrocketed more than 19 per cent to make a new 52-week high and intraday high of Rs 184. The scrip witnessed a spurt in volume by more than 3.30 times and closed 17.65 per cent up at Rs 180.95.  

For the September quarter ended 2022, the company reported a 40 per cent growth from last year’s same quarter total income to Rs 31.93 crore. The net profit zoomed by more than 87 per cent from the corresponding quarter last year to Rs 6.78 crore.   

Mold-Tek Technologies, Inc. belongs to a $100 Million Group. It is one of the leading engineering and technology solutions partner to many key players in various engineering services across the globe. It’s the only company listed on (Bombay Stock Exchange & National Stock Exchange) engineering services provider in India and HQ-Hyderabad.  

The stock has shown positive traction as it has given multibagger returns of more than 111 per cent in just 1 year and more than 79 per cent in 6 months. In the last one month alone, the stock has surged more than 43 per cent. Keep a close eye on this trending smallcap multibagger stock. 

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