Superstar Portfolio Stock: Keep an eye on this multibagger stock that zoomed over 16 per cent on April 25

The stock gave multibagger returns of 405 per cent in just 2 years whereas BSE Small-cap is only up by 31 per cent.

On Tuesday, at closing bell the indices ended that day flat. BSE Sensex was up by 0.12 per cent and NSE Nifty-50 Index was up by 0.15 per cent.   

This month on the sectoral front ,one of the gaining sectors was BSE Realty Index, up by 15 per cent.   

Along with the market in the green, one of the Top Gainers on BSE, shares of D B Realty Ltd surged 16.07 per cent upper circuit to Rs 90 per share. At 03:30 pm, shares ended the day in green, up 14.69 per cent to Rs 88.93 per share. Rekha Jhunjhunwala, wife of Late Rakesh Jhunjhunwala owns 1.42 per cent stake in the company aggregating to Rs 45 crore.

Recently, the upper price band of D B realty was changed by the exchanges from 5 per cent to 20 per cent. The exchanges recently increased the upper pricing range for D B Realty from 5 per cent to 20 per cent. Price bands and circuit breakers are used to prevent large-scale stock purchases or sales that could push the market into a downward spiral and, probably most critically, to prevent panic selling.  

D B Realty Ltd was incorporated in 2007 and 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 10.51x and 3 years CAGR of 182 per cent.   

The stock gave multibagger returns of 405 per cent in just 2 years whereas BSE Small-Cap is only up by 31 per cent. Investors should keep an eye on this stock.