Rs 52 to Rs 225: This SME multibagger stock has given fourfold returns in less than four months!

Rs 52 to Rs 225: This SME multibagger stock has given fourfold returns in less than four months!

Armaan Madhani
/ Categories: Trending, Multibaggers

Since listing on the SME board, shares of Jay Jalaram Technologies have soared 332 per cent!

On Friday, shares of Jay Jalaram Technologieslocked at 10 per cent upper circuit recording an all-time high of Rs 225.70 per share on NSE's SME. Heavy buying interest has been witnessed in this counter over the last four trading sessions as the stock has surged 14.68 per cent.

Since listing on the SME board, shares of Jay Jalaram Technologies have soared 332 per cent!

Incorporated in 2012, Jay Jalaram Technologies Limited (JJTL) is engaged in multibrand retail selling of smart phones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Redmi, Techno, One Plus, and Xiaomi.

JJTL operates under the brand nameKore Mobile. As of April 30, 2022, it operates 82 stores across Gujarat, out of which 10 are company-owned, 65 are franchisee-owned and franchisee-operated branch retail stores (FOFO Model) and 7 are franchisee-owned and company-operated branch retail stores (FOCO Model).

Its other business vertical includes an exclusive dealership of Electric Bikes, its spare parts, and accessories under the brand nameRevoltfor Ahmedabad region.

Keep this trending multibagger stock on your radar!

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