Rs 209 to Rs 721: This polystyrene company gave returns of 245 per cent in 1.5 years!

With exports to more than 100 countries around the world, the company has established a strong foothold in the international markets.

Supreme Petrochem Ltd, a domestic company engaged in the business of Polystyrene, has given investors stellar returns in the last year. An investment of Rs 1 lakh in this stock would have turned into Rs 3.45 lakhs today! 

On 9 September 2020, the shares of Supreme Petrochem were trading at Rs 209.10. Yesterday, the share price closed at Rs 721.95. It has a 52-week high and low of Rs 820 and 392.20, respectively.   

Supreme Petrochem manufactures general-purpose polystyrene, speciality polystyrene, masterbatches, high impact polystyrene and compounds. With exports to more than 100 countries around the world, the company has established a strong foothold in the international markets.  

In addition to this, the company owns and operates two state-of-the-art production facilities; of which, one of the facilities is located at Amdoshi–Wangani village near Nagothane in the Raigad district of Maharashtra and the other one is located in New Manali Town near Chennai in Tamil Nadu.    

At the time of market close, the share price of Supreme Petrochem Ltd was trading at Rs 725, an increase of 0.42 per cent from the previous day’s closing price of Rs 721.95 on BSE.