Do you own this multibagger commodity stock that generated 150 per cent returns in just one month against all industry odds?

The shares of company surged over 630 per cent in just six months, thanks to months of back-to-back upper circuits.

With investors returning to Dalal Street after optimistic inflation data, the Indian benchmark indices started the day higher on Tuesday. India's key retail inflation rate, as determined by Consumer Price Index (CPI), reduced to a five-month low of 6.71 per cent in July, according to data released by Ministry of Statistics & Programme Implementation.  

All sectors were trading higher, excluding BSE Metals. Metal prices, which had previously reached their peak, slumped in the months of April, May, and June while the sectoral index - BSE Metals plunged over 30 per cent. Numerous factors are to be blamed including the pandemic, Russia and Ukraine conflict, the government's stance on export taxes, and so on.  

Despite all drawbacks, the shares of ABC Gas (International) Ltd surged over 630 per cent in just six months, thanks to months of back-to-back upper circuits while its shareholders have witnessed outstanding returns of 150 per cent in just one month! The shares of ABC Gas rallied on Tuesday, hitting an all-time high of Rs 78.15 per share on BSE after being locked in the 5 per cent upper circuit.  

The largest ISO-certified gas reticulation company in India, ABC Gas (International) Ltd was founded in 1980 as a manufacturer and trader of non-ferrous metals like brass rods, tubes & copper pipes. Copper and solder fittings are imported by the company for use in trade. Copper pipes, pressure regulators, metres, and accessories are additional products that the company both manufactures as well as imports.  

Keep a close eye on this scrip for the upcoming sessions.