Superstar Portfolio Stock: Keep an eye on this multibagger stock that hit upper circuit on April 13

The stock gave multibagger returns of 427.79 per cent in just 2 years whereas BSE Small-cap is only up by 26 per cent.

On Thursday, at closing bell the indices ended that day flat. BSE Sensex was up by 0.06 per cent and NSE Nifty-50 Index was up by 0.088 per cent.

This week on the sectoral front one of the gaining sectors was BSE Realty Index, up by 7.97 per cent.

Along with the market in the green, one of the top gainers on BSE, shares of D B Realty Ltd surged 20 per cent upper circuit to Rs 92.10 per share. At 03:30 pm, shares ended the day in green, up 13.08 per cent to Rs 86.79 per share.

Recently, the upper price band of D B realty was changed by the exchanges from 5 per cent to 20 per cent. The purpose behind price bands and circuit breakers is to control mass buying or selling of shares and send a market spiralling into one direction and most importantly, to curb panic selling.

D B Realty Ltd was incorporated in 2007 and is engaged primarily in the business of real estate construction, development and other related activities based in and around Mumbai. The corporation has delivered excellent results in both quarterly and annual financial statements with a PE of 11.76x and 3 years CAGR of 182 per cent. The shares of the company saw a spurt in volume by more than 2.35 times on BSE.

The stock gave multibagger returns of 427.79 per cent in just 2 years whereas BSE Small-Cap is only up by 26 per cent. Investors should keep an eye on this stock.