Back-to-back upper circuit in this multibagger penny stock; gains over 100 per cent!

Shares of Captain Polyplast Limited surged by 30 per cent in the last six months, with the stock hitting the upper circuit on Friday, gaining 5.00 per cent. Investors have shown strong interest in the company, leading to heavy buying activity. Despite posting muted quarterly results in Q4FY24, with a 10.36 per cent YoY decrease in revenue, the company saw its PAT increase by 84.1 per cent. Over the past year, shareholders have enjoyed multibagger returns, with the stock price rising from Rs 21.32 to Rs 49.57. Captain Polyplast Limited specializes in manufacturing HDPE pipes and irrigation equipment, aiming to become a leading player in the industry. The stock has demonstrated significant growth, making it a stock worth monitoring. Please note that this article is for informational purposes only and not investment advice.