About 2,453 stocks were advancing as against to 1,701 that were declining, thus indicating a positive sentiment in the broader market.

Notably, the aggregate market cap of the Nifty Midcap 150 index has increased more than twofold to Rs 82.5 lakh crore from November 2020 to June 2024, with aggregate profits growing by approximately 142 per cent to Rs 2.1 lakh crore during the same period.

The stock gave multibagger returns of 239.5 per cent from its 52-week low of Rs 88.15 per share.

The stock is down by 41 per cent from its 52-week high of Rs 11.47 per share while the stock is up by 61 per cent from its 52-week low of Rs 4.11 per share.

Furthermore, FIIs have increased their stake to 8.70 per cent in June 2024 compared to 8.70 per cent in March 2024.

From Rs 9.51 (52-week low) to Rs 84.51 per share, the stock gave multibagger returns of 880 per cent in just 1 year.

The company’s shares have delivered a multibagger return of around 1,49,300 per cent in the past 3 years.

Expenses incurred with the Increase in authorised capital & bonus issue of Rs 90.25 lakh have been capitalised and adjusted from other equity during the year ended 31 March 2024.

President of India Portfolio Stock Delivered More Returns in One Month Post Ex-Bonus Than Between Announcement and Record Date: Will the Rally Continue?

The shares of the company gained more than 50 per cent in the last 1 year.