This multibagger company soared 2,550 per cent in just six months!

It is engaged in the business of printing labels, articles of stationery, magazines, and cartons.

On Monday, the shares of Kaiser Corporation rallied 5 per cent during the early market hours and got locked in the upper circuit at Rs 85.10 per share on BSE.  

Considering the yearly performance, the net sales of Kaiser Corporation soared 40.6 per cent to Rs 33.05 crore as against Rs 23.51 crore during the previous year ended March 2021. However, the net profit slumped 43.38 per cent to Rs 0.98 crore as against Rs 1.73 crore during the previous year ended March 2021.   

The stock surged 22,268 per cent in just one year and it was able to deliver nearly 2,550 per cent returns to its shareholders over a period of six months. The company has a market capitalisation of Rs 447.28 crore. Promoters held a 59.52 per cent stake while the non-institutional investors have a total stake of 40.48 per cent in the company as of March 31, 2022.  

Kaiser Corporation Ltd is engaged in the business of printing labels, articles of stationery, magazines, and cartons.  

Considering its commendable growth, keep a close eye on this scrip for the upcoming sessions.