Upper circuit alert & FIIs increase stake: Vijay Kedia gains Rs 7,42,41,612 in this multibagger stock in just one day!

Shares of the company gained more than 50 per cent in the last six months.

Shares of Repro India Limited gained about 10 per cent on Tuesday. The stock witnessed heavy buying activity from investors on Tuesday. Ace investor Vijay Kedia holds a 6.36 per cent stake in the company. The company reported robust Quarterly Results for Q2FY24, with revenue increasing by 29.35 per cent YoY to Rs 116.87 crore. The operating profit grew by 32.49 per cent on a YoY basis and PAT increased 343.18 per cent YoY to Rs 1.95 crore.

Ace investor Vijay Kedia made a killing on Tuesday, gaining over Rs 7.42 crore in profit on his 9,06,491 shares in Repro India, which soared by Rs 81.90 per share. The stock has also delivered multibagger returns of over 130 per cent in the past three years.

Repro India Limited is engaged in providing print solutions which include value engineering, creative designing, pre-press, printing, knitting and assembly and other services across the printing value chain. Additionally, FIIs increased their stake in the company in September 2023.

Today, the stock opened at Rs 819.00, with a high and low of Rs 900.90 and Rs 806.50. The stock closed trading at Rs 900.90, up by 10.00 per cent. The stock has a 52-week high of Rs 918.05 and a 52-week low of Rs 338.00.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.