Last Updated:
This smallcap multibagger stock surges 45 per cent in the past one month.
Multibagger stock
Multibagger Stock: Shares of a small-cap multibagger stock have witnessed a whopping 136 per cent growth in the past six months, hitting upper circuits for 56 consecutive sessions.
Incorporated in 1991, Sampre Nutritions is engaged in manufacturing complete range of confectionery, eclairs, candies, toffees, powder, etc.
On Monday, shares of Sampre Nutritions Ltd hit the 2 per cent upper circuit to halt trading at Rs 80.08 apiece. Share price gained from around Rs 21 apiece to over Rs 80 apiece in less than six months, reflecting a surge of interest among investors. This smallcap multibagger stock surges 45 per cent in the past one month.
The improvement in financials in the first quarter of the FY2025-26 and new manufacturing agreement are key reasons that can be linked to a fresh surge in the demand among investors for Sampre Nutrition Ltd.
On August 28, the company said in the filing that it has entered into a Manufacturing Agreement with Tolaram Wellness Ltd. for manufacturing nutraceutical and food products.
The agreement is expected to generate an business of INR 10 crores annually over the term of 3 years of the contract, thereby contributing significantly to the company’s revenues and supporting its nutraceutical and food product operations.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
Read More
