Only Buyers: Shares of this company experienced a strong rally, climbing more than 133 per cent in just one month!

On an intraday basis on Friday, shares surged and locked at a 5 per cent upper circuit, setting a new 52-week high.

The Indian headline indices started the session higher on Friday as a result of optimistic global cues and were further strengthened by a strong rally in the banking, financial services and consumer durables sectors. Shares of Titan Company Ltd ended the session more than 6 per cent higher, surprising investors despite a decline in net profit in the December quarter.  

Despite the fact that the main indices were impressive, the broader indices significantly underperformed and the advance-decline ratio remained strongly in favour of declines.  

In such a situation, the Mid-Cap stock, Bombay Super Hybrid Seeds Ltd attracted investors with its unbroken strong uptrend. Shares soared more than 133 per cent in just one month after hitting back-to-back upper circuits, while shareholders enjoyed multibagger returns of over 1,300 per cent in the past one year!  

On an intraday basis on Friday, shares of Bombay Super Hybrid Seeds Ltd surged and locked at a 5 per cent upper circuit at Rs 634 per share on the NSE, setting a new 52-week high.   

One of India's leading sowing seed companies, Bombay Super Hybrid Seeds Ltd, supplies a variety of seeds including wheat, maize, gram, soybean, peas, groundnut and other agricultural seeds. The company advises farmers on how to increase productivity.  

The company is valued at nearly Rs 6,650 crore on the market. The company's strengths include a strong profitability position and a significant promoter holding stake; however, the stock's exceptionally high PE ratio is a drawback.   

Keep a close eye on this stock for the upcoming sessions!