DSIJ Mindshare

Back-to-back upper circuits: This multibagger metal stock rallied 102 per cent in last one month!
Armaan Madhani
/ Categories: Trending, Multibaggers

Back-to-back upper circuits: This multibagger metal stock rallied 102 per cent in last one month!

The scrip has skyrocketed 102.56 per cent & 159.17 per cent over the last one and two months, respectively

On Friday, the shares of Poojawestern Metaliks got locked at 5 per cent upper circuit, recording an intraday high of Rs 59.35 per share on the bourses. Heavy buying interest has been witnessed in this counter over the last five trading sessions as the stock surged 21.25 per cent.    

The scrip has skyrocketed 102.56 per cent & 159.17 per cent over the last one and two months, respectively.  

Poojawestern Metaliks Limited is one of the kingpins in manufacturing, importing & exporting non-ferrous metal scrap, brass plumbing fittings, brass ingots, and brass sanitary fittings. 

The company has announced an order of 6,06,712 quantity for lead-free brass plumbing parts and pipe fittings products from Mueller Streamline Co. USA, which is the group company of Mueller Industries, Inc. (USA-based company). 

The order, worth approximately Rs 15.122 million, is to be executed by February 9, 2023. 

The company has a strong customer base worldwide with exports to Gulf and Middle East countries. It has also expanded its reach to Europe and USA. 

Keep a close eye on this trending multi-bagger metal stock in the upcoming trading sessions!   

Previous Article Dividend champion stock: This single-digit PE multibagger stock delivered dividends consistently for past two decades YoY
Next Article Factors to consider when assessing the risk of fixed-income mutual funds; take a look!
Print
27033 Rate this article:
4.1
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR