Promoters bought 3,00,000 shares of this multibagger pipes and tubes company via preferential issue; Announces capex worth Rs 175 crore for next phase of growth! Promoters bought 3,00,000 shares of this multibagger pipes and tubes company via preferential issue; Announces capex worth Rs 175 crore for next phase of growth! The stock gave multibagger returns of 161 per cent in just 1 year whereas BSE Small-Cap Index is up by 64 per cent. Kiran Shroff / Friday, March 1, 2024 / Article rating: 4.0 The company has a market cap of over Rs 3,700 crore and reported positive numbers in its quarterly results (Q3FY24), nine-month results (9MFY24) and annual results (FY23).