Mukul Agrawal owns a 1.50 per cent stake in the company as per the latest update.

In Q4 FY24, the promoter's holding surged to 94.97 percent, a remarkable rise from the previous 0.01 percent. The company's stock is consistently hitting upper circuits.

Mukul Agarwal holds 1.50 per cent of the company while FIIs and DIIs have both increased their stake in the company in the fourth quarter of FY24.

The stock performs 2.5 times better than the Nifty 500 index, demonstrating strong relative strength. This implies that, in contrast to the overall market, the stock is resilient and has room to rise. When analysing the stock's performance over different time periods, it shows remarkable gains: 53.43 per cent over the last three months, 285.98 per cent over the previous year, and a multibagger return of 1376.68 per cent over the previous three years. These gains suggest that the market is still bullish and that there are good chances for future price growth.

Shares of this company have gained more than 15 per cent in the last one month.

The scheme of arrangement provides for demerger of trading textiles division of the demerged company and vesting the same into the second resulting company