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.

The stock is trading up by nearly 3 per cent and it has recorded a fresh 52-week high on Monday. Interestingly, the stock in the last six months has advanced more than 127 per cent and in the last one year, it has delivered jaw dropping returns of 210 per cent which make the stock a multibagger.  

Very recently, the company bagged an order valued at Rs 173 crore. The nature of the contract is the doubling of the railway tracks between Ludhiana and Qila Raipur (17.174 km) including 25 kV high rise OHE railway electrification and signalling & telecommunication works in engineering procurement & construction (EPC) mode.