The stock has a low PE of 4.98 per cent and high ROE of 65.71 per cent with multibagger returns of 1,768.51 per cent.

Year to date the stock rose by 30.36 per cent and in just 6 months, the stock gave multibagger returns of 266.89 per cent.

The Company aims to be 100 per cent Retail Company. IndoStar’s business transition from corporate to retail franchise coincided with Covid. IndoStar however is now at an inflexion point and much closer to a profitable, high growth path than ever before.

The robust move in the stock is seen after the company had reported its Q3FY22 earnings. In Q3FY22, the company has reported growth of 22 per cent in its total income

Revenue for the company has jumped 78.2 per cent YoY to Rs 879.8 crore in Q3FY22, led by strong volume growth across geographies as well as better product mix & price realisation.