Shares of pipe manufacturing firm Kisan Mouldings, which was a penny stock till last year, have given robust multibagger returns to their investors in the last 1 year. This penny stock has skyrocketed over 1,011 percent in this period, from ₹6.38 in March 2023 to currently trade at ₹70.90.
Penny stock Shekhawati Poly-Yarn has soared almost 307 percent in this period, from ₹0.65 in March 2023 to currently trade at ₹2.63. Meanwhile, in the last 4 years, since March 2020, the stock has given multifold returns, skyrocketing 1215 percent from ₹0.2.
Shaily Engineering Plastics shares surged 140% in the past year and an impressive multibagger return of 4920% over the last decade, rising from ₹10.80 to ₹542 apiece.
Hi-Tech Pipes, a prominent Indian piping company, has witnessed a remarkable 507% stock increase over three years. Here are some factors driving its multibagger journey.