The broader markets were in positive territory, with the BSE Mid-cap Index up 1.38 per cent and the BSE Small-cap Index up 0.38 per cent.

On February 06, 2024, foreign institutional investors (FII) bought shares worth Rs 92.52 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,096.26 crore.

The company's involvement in Indo-Bangladesh border fencing in Mizoram, Meghalaya, and Tripura for the Ministry of Home Affairs, coupled with the recent completion and successful handover of the Indo-Pak Border fencing spanning approximately 61 kilometers and 13 Border Outposts in Gujarat's Kutch region, underscores its prowess in executing critical border infrastructure projects.

The stock gave multibagger returns of over 150 per cent year to date (YTD), 287 per cent in 1 year and a whopping 1,090 per cent in 5 years.

The company has a good return on equity (ROE) track record: a 3-year ROE of 32.4 per cent and has been maintaining a healthy dividend payout of 32.3 per cent.

From a technical standpoint, the stock exhibits a robust upward trajectory, marking a multi-year breakout reminiscent of April 2019 levels. The stock has soared to a fresh 52-week high, with all short and long-term moving averages trending upwards in the desired sequence

The stock gave multibagger returns of 245 per cent in just 1 year and a whopping 6,000 per cent in 3 years.

The latest quarterly report paints a picture of soaring success for Zaggle, with a record-breaking surge in revenue and a staggering 919.5 per cent year-on-year jump in profit after tax in Q3FY24. Notably, the renowned investor Ashish Kacholia has shown considerable confidence in the company, holding a substantial stake of 2.21 per cent.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 456.93 points or 0.63 per cent.

Max pain at the end of today's trade for weekly expiry on February 8 stands at 21900.