The stock gave multibagger returns of over 160 per cent from its 52-week low of Rs 240 per share and a whopping 420 per cent in 3 years.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 957.87 points or 1.30 per cent.

"The company is looking to expand its assets across the country with strategic acquisitions of distressed hotel assets. We are excited about the hotel landscape, given the strong demand and increase in domestic travel we expect the industry and our ARRs to grow significantly,” said K. Ravinder Reddy MD of Viceroy Hotels.

We'll dive into their performance history and analyse if they've consistently delivered a 25 per cent compound annual growth rate (CAGR) over the past decade. It's important to remember that chasing past returns can be risky.

Overall market sentiment remained positive, with 1,619 stocks advancing compared to 497 stocks declining.

The stock is up by 83 per cent from its 52-week low of Rs 11.90 per share and gave multibagger returns of 1,468 per cent in 3 years. 

Market volatility, as indicated by India VIX, has declined by 3.56 per cent, reflecting a decrease in market volatility.

In conversation with Deepak Ramaraju, Senior Fund Manager at Shriram Mutual Fund.

The broader markets were in green territory, with the BSE Mid-cap Index up 1.14 per cent and the BSE Small-cap Index up 1.28 per cent.

Quarterly results for December 2023 show impressive growth. Their sales jumped by 24.24 per cent, hitting Rs 61.5 crore, suggesting high demand or smart pricing strategies. The Profit Before Interest, Depreciation, and Taxes (PBIDT) also rose by 21.8 per cent to Rs 16.2 crore, indicating good operational efficiency. Despite challenges, the Profit After Tax (PAT) increased by 11.69 per cent to Rs 8.6 crore. Looking ahead, the company aims for a 20-25 per cent sales growth in FY24, reinforcing its market position.