Only buyers: Do you own this below Rs 10 multibagger stock that delivered over 1,000 per cent returns in just one year?

It has soared almost 848 per cent year-to-date and in the last one month; it has delivered 86 per cent returns to its shareholders!

Following a strong rally on Friday, Indian headline indices started the week flat as investors remained cautious ahead of the October inflation data and mixed sentiments in Asian markets.  

The wholesale price-based inflation figure fell below a double-digit mark for the first time in 18 months and is the lowest since March 2021. According to data issued by the Ministry of Commerce & Industry, wholesale inflation declined to 8.39 per cent in October from 10.70 per cent in September, driven by a decline in commodity prices.  

BSE Metals was the top gaining sector of the session, driven by over 5 per cent gains in Hindalco Industries and also emerged as one of the best performing sectors, having gained more than 10 per cent in the past month.  

Ashnisha Industries, a trading and distribution company, that engages in the trading of steel products and other goods, impressed investors with its exceptional returns. On an intraday basis on Monday, shares of Ashnisha Industries surged and reached a new 52-week high of Rs 9.29 per share on BSE, after being locked in the 5 per cent upper circuit.   

By hitting back-to-back upper circuits, the stock has skyrocketed over 1,000 per cent in just one year, implying that an investment of Rs 1 lakh made in this stock would now be worth more than Rs 11 lakh! It has soared almost 848 per cent year-to-date and in the last one month; it has delivered 86 per cent returns to its shareholders!    

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