Despite the market slump, one metal stock shines brightly, posting a remarkable new high.

The stock is up by 14.5 per cent from its 52-week low of Rs 566.50 per share.

From Rs 105.05 (52-week low) to Rs 297.25 per share, the stock gave multibagger returns of over 180 per cent to its investors.

Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.

Stock hits upper circuit today with heavy volume and trading at its all-time high levels.

The cement and construction material company of the Adani Group, has announced an audacious objective to cement its place as a global leader in sustainable cement production. In a huge step towards a greener future, the Company has committed Rs. 6,000 crores in renewable power projects with a capacity of 1,000 MW.

SEBI report sheds light on the progress of the extensive probe into alleged stock price manipulation by the Adani Group. The regulatory body said that it is still waiting for vital information from overseas regulators.

About 1,764 shares have advanced, 1,602 declined and 133 are unchanged. 

The important point is the fact after Adani Enterprises’ inclusion in the Nifty50 index, it forced exchange-traded funds (ETFs) and index funds- on which rides a lot of pension money to buy the stock that traded at an astronomically high P/E multiple.

The month of April was a wicked one for the stock markets across the world and Indian markets were no exception as Nifty plunged 2 per cent.