The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 131.05 per share.

Shares of this company have gained more than 50 per cent in the last six months.

The stock gave multibagger returns of 230 per cent in just 1 year whereas BSE Small-cap Index is up by 38.4 per cent.

BCL Industries Ltd, Rashtriya Chemicals and Fertilizers Ltd and Balaji Amines Ltd were among the top gainers on the BSE Smallcap index!

The stock gave multibagger returns of 260 per cent in 3 years and a whopping 1,870 per cent in a decade.

The shares of the company saw a spurt in volume by more than 2.10 times on BSE.

In Q2FY24, the company achieved the highest finished production for the quarter totalling 40,649 metric tons. The upgradation of the paper machine led to an increase in its capacity from 30 tons to 50 tons per day.

The stock gave multibagger returns of 270 per cent in just 1 year and a whopping 2,750 per cent in 2 years.

Broader indices also echoed the positive sentiment, with the Nifty Mid-cap index gaining 0.25 per cent and the Nifty Small-cap index advancing 0.38 per cent. However, market volatility, as measured by the India VIX, surged by 2.10 per cent, indicating a rise in market fluctuations.

The shares of the company have an ROE of 91.1 per cent and an ROCE of 83.1 per cent.