DSIJ Mindshare

Shares of the company gave multibagger returns of 100 per cent from its 52-week low of Rs 35.20.

The Aditya Birla Sun Life Quant Fund combines automated investing with oversight from fund managers. It follows a quantitative model for stock selection based on the NIFTY 200 Index, which includes large and mid-cap stocks. The fund manager defines the investment universe and designs the quantitative model, with automated monitoring of chosen stocks.

The promoters of the company hold a 30.18 per cent stake in the company while the public shareholders own a 69.82 per cent stake as of March 2024.

The shares of the company have an ROE of 30 per cent and an ROCE of 28 per cent.