This stock has yielded a return of 27 per cent in the last six months and a multibagger return of 1402.99 per cent in the previous five years.
Amid a decline in the stock market on Tuesday, shares of Sindhu Trade Links Ltd., a small-cap logistics company, witnessed a strong rally. The company’s stock ended the trading session with a gain of nearly 6 per cent even as Benchmark Sensex tanked 519 points and broader Nifty settled below the 25,600 level on Tuesday due to profit-taking in utility, metal and IT shares triggered by weak global trends and foreign fund outflows.
The stock started the trading session in the green at Rs 23.80 against the previous close of Rs 23.71 on the BSE. It later gained to touch the high of Rs 25.75, representing a gain of 8.60 per cent from the previous close. The stockย
This stock has yielded a return of 27 per cent in the last six months and a multibagger return of 1402.99 per cent in the last five years.
Share Market Today
The 30-share BSE Sensex dropped 519.34 points, or 0.62 per cent, to settle at 83,459.15 with 25 of its constituents ending lower and five with gains. During the day, it tanked 565.72 points, or 0.67 per cent, to 83,412.77.
The 50-share NSE Nifty declined 165.70 points, or 0.64 per cent, to 25,597.65. It hit a low of 25,578.40 due to losses in bluechip shares such as PowerGrid, Eternal and Adani Enterprises.
Among Sensex firms, Power Grid fell the most by 3.13 per cent after the utility posted a decline in the September quarter profit. Eternal dropped 2.79 per cent, Tata Motors Passenger Vehicle by 2.53 per cent, Tata Steel by 1.86 per cent, Maruti by 1.76 per cent and Bharat Electronics by 1.69 per cent.