In Quarterly Results of Q3 FY23–24, the company saw a significant surge in revenue, reaching Rs 342.14 crore, up by 33 per cent from the previous year, primarily driven by increased deliveries, with a total of 1615 electric vehicles delivered. The Profit After Tax (PAT) stood at Rs 27.11 crores, showing a substantial 77 per cent increase.

The stock’s 52-week high is Rs 3.83 and its 52-week low is Rs 0.50. 

The shares of this company have given multibagger returns of 101.24 per cent in 3 months

The stock gave multibagger returns of 320 per cent in just 1 year and a whopping 770 per cent in 3 years.

In December 2023, promoters increased their stake to 53.21 per cent compared to 52.67 per cent in September 2023 while FIIs increased their stake to 11.01 per cent in December 2023 compared to 5.27 per cent in September 2023.

Before you pick your weapon (investment), you need to know which market suits your style at that moment.

When it comes to calendar year returns, the Nifty LargeMidcap 250 index has outperformed Nifty 100 index 7 times in last 10 years.

The stock gave multibagger returns of 165 per cent in 1 year and a whopping 890 per cent in 5 years.

The broader market sentiment remains slightly positive, with 913 stocks advancing compared to 1,482 declining.

Notably, this isn't uncharted territory for the company, having dispensed four bonuses since March 19, 2001, with the last bonus, in the ratio 1:4, announced in September 2005.