DSIJ Mindshare

The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year. 

The stock hit a back-to-back upper circuit on Thursday and Friday and it ended the week above Rs 34. The book value of the stock stands at Rs 27.1, while the current market price is Rs 34. The stock trades at a price-to-book value of 1.26.   

Talking about the stock performance, it is not less than any blockbuster movie, as on a YTD basis the stock has gained a staggering 184.48 per cent, while in the last one-year, the stock has sky-rocketed 287.60 per cent. As a result, the stock has delivered multibagger returns to its shareholders. 

Navoday Enterprises Ltd is trading at a PE multiple of 9.65 and an ROE of 7.65 per cent, all of which point to strong managerial performance.