Multibagger stock below Rs 30: Keep an eye on this stock, which was locked in the upper circuit on January 30

The stock gave multibagger returns of 132.91 per cent in just 1 month whereas BSE small-cap index was down by 5.39 per cent.

One of the gainers on the BSE today, shares of VCK Capital Market Services Ltd surged and reached an upper price band of Rs 25.48 per share, after being locked in the 5 per cent upper circuit. Additionally, the shares also traded at a new 52-week high of Rs 25.48 apiece.    

Incorporated in 1991, VCK Capital Market Services Ltd is engaged in the business of investment banking and retail mobilization services. Today, shares of the company saw a spurt in volume by more than 1.28 times on BSE.  

Talking about the financials, VCK Capital Market Services Ltd has a market cap of Rs 23.06 crore. The company reported excellent results in both quarterly and annual financial statements. In the latest Quarterly Results (Q3), the net sales rose by 6.76 per cent, operating profit skyrocketed 217.86 per cent and net profit skyrocketed 253.57 per cent compared to the same quarter last year.  

The stock price of the company has recently increased significantly, setting back-to-back upper circuits and 52-week highs. The stock gave multibagger returns of 132.91 per cent in just 1 month whereas BSE Small-Cap index was down by 5.39 per cent. Investors should keep an eye on this multibagger small-cap stock.