Multibagger in just 1 month: Watch this stock closely; which was locked in the upper circuit on December 20

The stock has gained by 138.05 per cent in just one month, while the BSE Sensex has only risen by 0.91 per cent.

One of the Top Gainers on the BSE today, shares of Yashraj Containeurs Ltd surged 10 per cent to reach the upper price band of Rs 18.83 per share. The stock also hit a brand-new 52-week high of Rs 18.83. Furthermore, over the past trading sessions, the share price of the company has made two back-to-back upper circuits.

In quarterly and annual financial statements, the corporation presented excellent figures. According to annual reports, profit in FY22 was only Rs 0.12 crore, it skyrocketed 3,367 per cent to Rs 4.16 crore in FY23. The stock PE multiple is 6.32 whereas the industry PE multiple is 15.2. The stock price CAGR for 1 year is 222 per cent. All of this points to excellent managerial performance and hence it witnessed some fresh buying today.

Yashraj Containeur Ltd is one of India's largest manufacturers of industrial packaging solutions, offering a wide range of standard and specialty steel barrels in various sizes and thicknesses, with a variety of internal and external coatings and configurations. More than 75 per cent of the company’s shares are owned by the promoters.

The stock has gained by 138.05 per cent in just one month, while the BSE Sensex has only risen by 0.91 per cent. Investors must keep this stock on their watch list.