Heavy buying: Porinju Veliyath gains Rs 1,05,55,745 in this multibagger micro-cap stock; reports 265 per cent increase in net sales!
Shares of the company have gained about 70 per cent in the last six months.
Shares of Arrow Greentech Limited gained over 17.30 per cent on Friday. The stock has witnessed heavy buying activity from investors on Friday. In the last six months, the stock has gained about 70 per cent. Ace investor Porinju Veliyath recently bought 1.06 per cent or 1,59,332 shares of the company and each share went up by Rs 66.25 on Friday. That means he made a profit of Rs 1.05 crore in a single day. Moreover, the stock has delivered multibagger returns of over 800 per cent in the last three years.
Arrow Greentech Limited which was incorporated in 1992, the founders of this business recognized the advantages of patents and innovation to ensure a sustainable future and widen the customers' scope into maximum environmental care. The very first Water Soluble Film (now branded Watersol) by Arrow was introduced in the mid-nineties.
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The company’s high degree of specialization and quality of service helped it become one of the most well-established companies in India and placed us as a potential player in the world map of green packaging technologies.
The sales and revenue for the company are constantly increasing, with net sales growing by 265 per cent quarterly. Arrow Greentech Limited has also delivered multibagger returns to its shareholders in the last one year of over 240 per cent.
The stock has shown tremendous growth and investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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