Back-to-back upper circuits: This multibagger stock delivered 1,874 per cent returns in just two years!
In this market rally, the shares of Sarda Proteins made a fresh 52-week high.
In this market rally, the shares of Sarda Proteins made a fresh 52-week high. It also got locked in the upper circuit at a price of Rs 93.80 per share. The stock has been making a new 52-week high along with hitting upper circuits right from September 1.
By hitting back-to-back upper circuits, the stock has skyrocketed more than 162 per cent in just one month, implying that an investment of Rs 1 lakh made in this stock a month ago would now be worth Rs 2.62 lakh! Meanwhile, it has gained 1,874.74 per cent within a period of two years. It means that if a shareholder had invested 1 lakh, he would have gained stellar returns of Rs 18.75 crore by now!
The market cap of the company is Rs 16.19 crore with promoters owning more than 28 per cent of it. Sarda Proteins Ltd is a business entity engaged in the wholesale trading business of edible oil and agriculture commodities. The company, which is located in Alwar (Rajasthan), got listed on BSE in March 2018.
Keep a close eye on this scrip for the upcoming sessions!