This penny stock has become the talk of the town among dividend investors on D-Street, and for good reason. Despite its small market cap of just 3.35 crore, the stock has been making waves, having recently hit its upper circuit limit of 5 per cent at a level of Rs 11.

Investing in equities is the first chapter of many a rags-to-riches story. Some of the wealthiest individuals in the world owe their success to the stock market. It is only because of investing, individuals like Warren Buffett, Rakesh Jhunjhunwala and many more now rank as billionaires.

They initiated contract manufacturing from three new locations this quarter and with this, they are currently manufacturing at nine locations across India

In the past the stock has recommended a bonus and you’ll be in awe of the bonus announcement if we share the details of bonus ratio. The stock announced an 82:32 bonus issue ratio

The scrip witnessed a massive spurt in volume by more than 14.81 times as it kept the buyers busy.

The company reported much-improved quarterly performance in Q1FY23 by registering astonishing healthy growth in the top-line as well as the bottom line.   

Investors should keep a watch on this multi-bagger. In one year, the shares of Virat Industries Limited have jumped by 344 per cent.  On a YTD basis, the stock is up by 59 per cent, thus heavily outperforming the markets. Investors should keep Virat Industries in their watchlist.