The stock gave multibagger returns of 222 per cent in just 1 year and of a whopping 1,700 per cent in 3 years.

IPO Rating: Apply for the long-term

The stock gave multibagger returns of 133 per cent in just 6 months whereas BSE Small-Cap Index is up by 33 per cent.

Authored by Raman Bhatia, Founder & Managing Director of Servotech Power Systems Ltd, this article shares his valuable insights about the EV and solar industry

The stock gave multibagger returns of over 120 per cent year to date (YTD), 235 per cent in 1 year and a whopping 1,000 per cent in 5 years.

The stock gave multibagger returns of 320 per cent in just 1 year whereas the BSE small-cap Index is up by 65 per cent and a whopping 800 per cent in 3 years.

From Rs 4.17 per share to Rs 242.25 per share, the stock gave multibagger returns of 5,700 per cent in 3 years.

The shares of the company saw a spurt in volume by more than 3.5 times on BSE.

The manufacturing unit in MP is expected to turn profitable in the forthcoming financial year, offsetting initial costs incurred in training a large number of employees and bringing them to productive levels. Furthermore, the fabric processing unit in Tamil Nadu is in advanced stages of completion, with expectations of trial production in Q4 2024.

The shares of the company have a PE of 8x whereas the sectoral PE is 20x with an ROE of 85.9 per cent & an ROCE of 83.8 per cent.