DSIJ Mindshare

This rags-to-riches story of a penny stock seems to come straight from a fairy tale world to real life. Can you believe a stock that was trading in single-digit a couple of years back is now trading in three digits? Hard to believe but it is true!  

What’s more impressive is that despite this strong up-move in a very short period the stock is trading at a PE multiple of 10.7, and the company has been maintaining a healthy dividend payout of 25.5 per cent. 

Interestingly, the FIIs have been consistently increasing their stake in this stock over the last three quarters.

The stock is up by a mind-boggling 4,681 per cent in the last three years while in the last three months, it has gained nearly 236 per cent. Considering the robust performance of the stock in the last one-year and three-year time periods, the stock seems to be a hidden gem!