Foreign Institutional Investors (FIIs) also demonstrated strong interest, increasing their stake from a mere 0.04 per cent in the September 2024 quarter to 3.19 per cent in December 2024.

Adding to the buzz, ace investor Mukul Mahavir Agrawal increased his stake in the company, acquiring 10,00,000 shares (1.61 per cent of the company).

The stock continues its bull run, having gained 109.59 per cent in 2024, and so far in 2025, it is up by 9.72 per cent, delivering multibagger returns.

Notably, ace investor Mukul Mahavir Agrawal holds a substantial 5.50 per cent stake in the company, amounting to 86,17,000 shares.

HDFC Mutual Fund had acquired 4.47 lakh equity shares of this small-cap stock at an average price of Rs 731 per share, as per data available on the BSE. This acquisition highlights the growing interest in PGIL among institutional investors.

Several factors could be driving Mukul Agrawal's investment. Company boasts a strong brand recall, an increased focus on modern trade and e-commerce. With a robust network of over 200,000 retailers across India. 

Shares of the company have gained more than 130 per cent in the last six months.

Mukul Agarwal bought 5,05,000 shares, representing a 1.80 percent stake in the company.

All the stocks mentioned in the article have delivered impressive multibagger returns in the past year.

One stock from Mukul Agrawal’s portfolio is trading at around Rs 100 per share. Complete list inside.

The shares of the company have an ROE of 35 per cent and  ROCE of 17.4 per cent. The stock gave multibagger returns of 141.08 per cent in a year.

Agrawal's proposed investment of approx. Rs 71.78 crore for equity shares and convertible warrants underscores his bullish outlook on the company's growth trajectory. He is set to receive 7,62,500 equity shares and 7,62,500 convertible warrants at a price of Rs 470.70 per security.

The stock gave multibagger returns of 165 per cent from its 52-week low of Rs 96.70 per share.

The stock has surged nearly 107 per cent in the last year, transforming into a multibagger stock for investors.

The breakout from this ascending triangle like pattern occurred on Tuesday, accompanied by a robust uptrend and a notable trading volume of 11.5 lakh shares on the NSE. The technical indicators reinforce the positive sentiment

Shares of the company have gained more than 80 per cent in the last six months.

The shares of the company have a PE of 15x, an ROE of 20 per cent and an ROCE of 21 per cent. 

Shares of the company gained over 200 per cent in the last one year.

The stock gave multibagger returns of 150 per cent in just 6 months and a whopping 4,000 per cent in 2 years.

Company is progressing on its journey to become a leading brand in the Indian wood coatings & paints market. Company is among the top 3 premium wood coating brand in India and market leader in North India.