This multibagger small-cap paper stock hit an all-time high; do you own it?
The scrip recently recorded an all time-high of Rs 138.50 on the bourses.
Yash Pakka Limited is into manufacturing paper for packaging and compostable tableware products for replacing styrofoam and plastic. The company launched an innovative range of compostable tableware products under the brand name ‘CHUK’. It has a market capitalisation of Rs 490 crore.
In March 2020, shares of the company plunged by 42 per cent and hit a low of Rs 20.15 on April 3, 2020. Since then, the stock has soared high like an eagle furnishing returns phenomenal returns of 538.46 per cent. The scrip recently recorded an all time-high of Rs 138.50 on the bourses.
In August 2022, the company was awarded the contract for conducting a basic engineering study for an integrated brownfield expansion project at their Ayodhya Facility to AFRY. AFRY is the top integrated project consulting in the world for the pulp & paper industry.
Watch out for this trending Small-Cap paper stock in the upcoming sessions!