Penny Stock turned Multibagger in just 2 weeks; hits back to back four upper circuits; do you own it?

The stock has almost turned multibagger in the last 14-trading sessions as on MTD basis. Certainly, this stock has defied gravity!  

Yashraj started with the manufacturing of metal barrels of 180-235 liters capacity. Today, Yashraj has reached a greatest height and is one of the largest manufacturers of industrial packaging solutions in India consisting of an extensive assortment of standard and speciality steel barrels in different sizes and thickness with a choice of internal as well as external coatings and configurations.  

The stock has sparked a lot of interest on D-Street in the last four trading sessions as the stock is on a streak of hitting upper circuit, as it has hit back-to-back four upper circuits. With this strong movement in the last four trading sessions, the stock has touched its fresh 52-week high of Rs 15.6. Interestingly, the back-to-back upper circuit has been seen on back of robust volumes, as volume has been above the 50-days average volume for the last four trading sessions.  

Now, here comes the prominent point about this stock. The stock has almost turned multibagger in the last 14-trading sessions as on MTD basis, it has jumped nearly 98.34 per cent, isn’t it amazing! Certainly, this stock has defied gravity!  

Considerably, the stock has left everyone spellbound with this strong up move on back of the robust volume, the oldest exchange of the country i.e. BSE has sought clarification from Yashraj Containeurs with reference to significant movement in price, in order to ensure that investors have latest relevant inflation about the company and to inform the market, so that the interest of the investors is safeguarded. Company is yet to respond on this and once the response is received, we would update it.