DSIJ Mindshare

The stock gave multibagger returns of 300 per cent in just 2 years.

The PE multiple of the stock is just 2.12 whereas the industry PE multiple is 10 and an ROE of 308 per cent.

The stock has increased by more than 150 per cent, while the BSE Sensex has increased just by 6.23 per cent on a YTD basis.

Today, the stock of this company was locked at 20 per cent at Rs 12.24 per share.

The stock market witnessed a lot of instability due to the COVID-19 pandemic. However, amidst all these, several penny stocks managed to become multi-baggers in the last three months, bringing enormous gains to the investors. If we go by the figures, over 800 penny stocks have become multi-baggers in the last 18 months.