DSIJ Mindshare

The stock gave multibagger returns of 230 per cent in 3 years and a whopping 2,900 per cent in a decade.

On February 1, Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024, a precursor to the upcoming Lok Sabha elections, which is commonly known as an Interim or vote-on-account budget.

Shares of the company have gained more than 25 per cent in the last one year.

The stock gave multibagger returns of over 300 per cent in just 3 years whereas BSE Sensex Index is up by 47 per cent. 

A pivotal catalyst for the stock in the short term is the imminent inauguration of a new facility in Pakhajan, Dahej, boasting a capacity of 17,500 MT. Strategically focused on the production of Lubricant and rubber chemicals, Phase 1 is anticipated to yield revenue ranging between Rs 550-600 crore