Multibagger update: Only buyers in this Ashish Kacholia stock that is up by 28 per cent in one month, do own this tiny treasure?

The company is expected to benefit from the growth trends in the industry in the coming years.

multibagger ">multibagger update: Only buyers in this Ashish Kacholia stock that is up by 28 per cent in one month, do own this tiny treasure?

The shares of Inflame Appliances saw a jump of over 10 per cent on July 18. Inflame Appliances shares saw a price volume jump on Monday when the BSE Sensex is trading higher by over 700 points.

While the shares of Inflame Appliances are trading higher by 10 per cent with a buyer's lock, the volume has jumped by 5.53 times on Monday. Inflame Appliances shares have been in news lately owing to preferential shares being allotted to ace investors Ashish Kacholia and Nikhil Vora. 

Also, on July 4 Inflame Appliances informed bourses that it has secured a large order to supply 45000 kitchen appliances of various models from Hindware Home Innovation Limited. The order can be considered huge looking at the size of the company. The company further informed that the new order needs to be executed by November 2022.  

Inflame Appliances has jumped by more than 1,112 per cent since March 2018. In one year, the shares of multibagger Inflame Appliances are up by more than 67 per cent. In one month, the shares of Inflame Appliances are up by more than 28 per cent. 

Inflame Appliances is into manufacturing kitchen appliances such as chimneys, gas hobs, and gas stoves. The market for chimneys is the fastest growing in India among kitchen appliances. The company is expected to benefit from the growth trends in the industry in the coming years.