Delving into the broader market narrative, the Nifty Small-cap index stole the spotlight by outperforming its counterparts, closing the day with a 0.50 per cent gain. However, the true star of the show was Emmbi Industries Ltd, a stock that soared to new heights, literally and figuratively, hitting an upper circuit of almost 20 per cent.

The market capitalization of BSE-listed companies was Rs 3,71,13,425 crore or approx. Rs 371 lakh crore as of January 25, 2024. On the same day, 352 stocks hit a 52-week high while 18 stocks touched a 52-week low.

On January 24, 2024, foreign institutional investors (FII) offloaded shares worth Rs 6,934.93 crore, while domestic institutional investors (DII) bought shares worth Rs 6,012.67 crore.

Shares of the company have gained more than 60 per cent in the last one year.

The stock is up by 90 per cent from its 52-week low of Rs 202.37 per share and gave multibagger returns of 150 per cent in 3 years & a whopping 900 per cent in a decade.

The stock gave multibagger returns of 175 per cent in just 1 year and 1,200 per cent in 3 years.

The stock gave multibagger returns of 730 per cent in 3 years and a whopping 4,325 per cent in a decade.

The broader market sentiment remains slightly positive, with 2,054 stocks advancing compared to 1,608 declining.

The stock has recorded a resolute breakout from a 24-week-long consolidation, with a depth of nearly 28 per cent. The breakout is supported by strong volumes. The company boasts marquee clients such as Tata Steel, Jindal Steel & Power, Mukand, SAIL, Usha Martin. 

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 66.75 per share.