Heavy buying: Back-to-back upper circuit in this multibagger stock backed by Marico; gains over 100 per cent in one month!

Heavy buying: Back-to-back upper circuit in this multibagger stock backed by Marico; gains over 100 per cent in one month!

Praveenkumar Yadav

Shares of the company gained more than 70 per cent in the last six months.

Shares of Kaya Limited were locked in the upper circuit on Monday, gaining 10.00 per cent. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit. In the last one month, the stock has delivered more than 110 per cent returns.

Marico Limited, a major Indian FMCG company, has partnered with Kaya Limited, a leader in dermatological solutions, to expand Kaya's reach in the personal care market. Through this collaboration, Marico will exclusively handle sales and marketing for Kaya's 75+ science-based personal care products outside of Kaya's clinics. This leverages Marico's established sales and marketing network to boost Kaya's brand presence and accessibility across various markets and channels.

Kaya offers a wide range of dermatologist-recommended products for daily care, acne, brightening, sun protection, anti-ageing, and hair care. Currently available online and at Kaya's clinics, these products will now benefit from Marico's expertise to reach a wider audience. This partnership highlights both companies' commitment to providing high-quality, innovative personal care products to consumers.

Kaya Limited is a 20-year-old legacy brand and continues leading innovation in the aesthetic dermatology space with its 600+ service lines, 75+ product mix, 100+ dermatologists and a commanding presence across 70+ clinics in India. Kaya has a comprehensive portfolio of advanced skincare, hair care and body care solutions spanning anti-ageing, Brightening and pigmentation, Acne and Scars, Hair Care, Beauty Facials, Body Contouring and Laser hair reduction amongst others.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.

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