Mutual fund holding also stands at 3.34 per cent, the highest since the quarter ended September 2021, and the number of mutual fund schemes increased from 8 to 9 in the quarter ended September 2023.

The stock gave multibagger returns of 155 per cent in just 6 months whereas BSE Sensex Index is up by 13.42 per cent

The shares of the company have a PE of 15x, an ROE of 21 per cent and an ROCE of 25 per cent.

The stock price has more than doubled since March 2023 lows, transforming it into a multibagger small-cap stock.

The stock gave multibagger returns of 900 per cent in 1 year and a whopping 3,300 per cent in 3 years.

Indian equity markets rose by 0.32 per cent on Friday, the Nifty 50 and BSE Sensex closed at 21,441 and 71,336 respectively. Mid-Caps gained 0.72 per cent, while Small-Caps zoomed 0.48 per cent. The 14 stocks were advancing against every 10 declining stocks on Tuesday.

From its humble lows of Rs 3.45 on November 29, this stock has undergone a meteoric rise, reaching the level of Rs 8.40 and delivering multibagger returns of over 100 per cent.

This growth story is not limited to India alone; there's also a strong international demand, particularly from the USA. The global market is witnessing significant demand, driven by factors such as the growth of renewable energy and the electric vehicle (EV) segment.

The shares of the company have an ROE of 33.6 per cent and an ROCE of 37.9 per cent.

For the month of November 2023, SIP total amount collected was Rs 17,073 crore which is highest in any month