Shahrukh raised an eyebrow. "Turnaround stocks? Sounds intriguing, but do they really work? I've always been skeptical about such things."

Kajol grinned, pulling out her tablet and showing him some quotes from famed investors:

The company has maintained a healthy dividend payout of 72.0 per cent.   

Shares of this company jumped more than 30 per cent in the last six months.

The company's stock has returned 21.06 per cent over the past 6 months.

On Wednesday, March 29, 2023, the benchmark domestic indices ended the day in the green. BSE Sensex Index ended the session higher, up 0.60 per cent at a level of 57,960.09.

The stock has a PE of 7.28x whereas the sectoral PE is 22.84x.

Since the stock is listed on the exchanges (April 13, 2012) the stock gave multibagger returns of 404 per cent till today.

Since the stock is listed on the exchanges, the stock gave multibagger returns of 434 per cent till today.

The stock has a PE of 13.23x whereas the industry PE is 22.5x.

In FY22, net sales rose by 27.48 per cent over FY21. In FY22, the company reported a net profit of Rs 14 crore compared to a net loss of Rs 103 crore in FY21.  

The stock is up by 3.62 per cent in 1 month, 4.53 per cent in last 6 months and since the stock is listed on the exchanges (April 13, 2012) the stock gave multibagger returns of 465.56 per cent till today.

The stock gave multibagger returns of 621.24 per cent in just 1 year.   

As of September 2022, the promoter owns the majority of the company's shares (67.22 per cent), with the remaining public shareholders (32.78 per cent) owning the remaining shares.  

The stock rallied more than 45 per cent in March and recorded massive volumes.

The stock has a 52-week high of Rs 58.10 and a 52-week low of Rs 26.45.  

As of December 2022, the company is almost debt-free, with the promoters owning 74.99 per cent of the shares and the general public owning the remaining 25.01 per cent.

Today, shares of the company saw a spurt in volume by more than 3.75 times on BSE.

Today, shares of the company saw a spurt in volume by more than 2.66 times on BSE.  

In Q2FY23, net profit skyrocketed 112 per cent compared to Q2FY22.   

The stock gave multibagger returns of 696.18 per cent in just 6 months whereas BSE Small-Cap Index gave returns of just 6.30 per cent.

The stock gave multibagger returns of 109.72 per cent in just 1 month. 

The company's stock has returned 26.40 per cent over the past month and 34.76 per cent over the past 6 months.

In FY22 net sales increased by 56.24 per cent to Rs 801.68 crore compared to Rs 513.11 crore in FY21.

The stock gave multibagger returns of 526.87 per cent in just 6 months whereas BSE SmallCap gave returns of just 16.41 per cent.

On a YTD basis, the stock delivered multibagger returns of 436.7 per cent while the BSE Sensex gained only 3.15 per cent. Investors should keep a close eye on this textile stock.

In the pre-open market itself, the stock reached a new 52-week high of Rs 47.95 per share.

The stock has increased by 88.85 per cent in 6 months, although the BSE Sensex has only increased by 19.43 per cent. The stock PE multiple is 2.15 whereas the industry PE multiple is 17.2. Investors should keep this stock on their watchlist. 

The benchmark indices were trading mixed this week. On Friday, BSE Sensex closed on a negative note, down around 878.88 points or 1.40 per cent at 61,799.03. About 1,408 shares had advanced, 2,151 declined and 121 were unchanged.

Shares of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

The stock delivered a multi-bagger return of 112 per cent in just six months, while the BSE Sensex gained only 19 per cent. In addition, the stock has gained 93 per cent year to date.

The stock has made consecutive 52-week high levels over the past five trading sessions.

he company has provided multi-bagger returns of 1016.5 per cent on a YTD basis, while the BSE Sensex has only increased by 4.98 per cent on a YTD basis.

The company has delivered good profit growth of 61 per cent CAGR over the last 3 years. Stocks of this company are trading at a PE multiple of 11.4 and an ROE of 15.4 per cent, reflecting strong management performance.

The stock skyrocketed more than 145 per cent in five years.

Today, the stock of this company was locked at 20 per cent at Rs 29.20.

Interestingly, it has also hit back-to-back upper circuits in the last three trading sessions

The bottom line is that whether the stock is enjoying a period of luck just like Bumrah or something is really turning around for the company

Structurally, the stock has been making a higher high and higher low on the weekly chart, indicating a positive price structure. As the stock is trading at a 31-week high, all the short and long-term moving averages are trending upside. The 20, 50 & 200-DMA are clearly trending up and moreover, they are in the desired sequence.   

On Friday, the stock witnessed a staggering move of over 10 per cent along with a sharp jump in the volumes. The stock recorded its highest single-day volume so far in the last six months! Its volume already exceeded the prior trading session’s volume and has become the highest single-day volume in the last four months.