52-week high alert- This multibagger stock has zoomed more than 300 per cent in just 3 months!

The stock has witnessed significant buying interest, as it has delivered multibagger returns of over 309 per cent in just 3 months

On Wednesday, Spectrum Electrical Industries experienced a surge of over 4.9 per cent, reaching an intraday and new 52-week high of Rs 297 per share.   

Spectrum Electrical Industries is a rapidly growing Indian company that has completed 29 years of successful operations and is positioned to expand into new areas of growth strategies aligned with its global vision.   

The company is known for its capabilities in providing innovative and competitive solutions for high-precision components, electromechanical assemblies and ready-to-install products, among others and is committed to total customer satisfaction in a fiercely competitive and rapidly growing market.   

Spectrum's business operations are linearly integrated and organized into metal stamping, metal enclosures, injection molding, surface coating solutions, tooling solutions and contract manufacturing.   

The stock has witnessed significant buying interest, as it has delivered multibagger returns of over 309 per cent in just 3 months and over 250 per cent on a year-to-date basis. Over the last year, the stock has rallied over 210 per cent, while in the last month alone, it has gained more than 79 per cent. Keep a close eye on this trending multibagger stock.