Watch out an eye on this micro-cap multibagger stock, which was locked in the upper circuit on May 19

In just 12 years, the company transformed from losses in 2010 to a remarkable 700 per cent growth leap by 2022.

One of the Top Gainers on the BSE today, Humming Bird Education Ltd shares surged and reached Rs 333.40 per share after being locked in the 10 per cent upper circuit. Furthermore, the company's share price is rising dramatically, having made back-to-back upper circuits in the last two days of trading.

Established in 2010, Humming Bird Education Ltd is in the business of conducting Olympiad exams and selling preparation booklets for such exams. It is the world's only listed Olympiad organization and has played a crucial role in mentoring and motivating millions of students globally.

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The company witnessed impressive growth with net sales increasing by 300.95 per cent and net profit increasing by 2,976.92 per cent in H1FY23 compared to H1FY22. Additionally, the net sales increased by 106.10 per cent in FY22 compared to FY21. In just 12 years, the company underwent a remarkable transformation from losses in 2010 to a phenomenal 700 per cent growth leap by 2022.

With a market cap of 20.44 crore and a 3-year CAGR of 42 per cent, the stock delivered multibagger returns of 135 per cent in just 6 months and over 230 per cent in just 1 year.

Investors should keep an eye on this micro-cap stock.