Multibagger Stocks in 2022: United Polyfab Gujarat Limited is a small-cap textile company listed on the NSE SME exchange. This is one of the multibagger stocks in 2022 as the stock has increased from 18.20 50.25 each level in the YTD time, registering an increase of about 175 percent this year. This multibagger textile stock is hitting the upper circuit since June 7, 2022. United Polyfab Gujarat Limited share price today opened higher for the 13th consecutive session with a gain of nearly 5 per cent in Upper Circuit.
United Polyfab Gujarat Ltd Share Price History
This multibagger stock Has given around 33 per cent return to its shareholders in the last 5 trading sessions as it has grown from 37.60 50.25 each level in this period. In the past one month, this multibagger textile stock has gained momentum from 38.75 50.25 level, registering an increase of about 29 per cent over the period. However, in YTD timing, this small-cap textile stock has delivered multibagger returns to its shareholders after registering over 175 per cent returns since the start of the new year 2022.
So, if an investor had invested 1 lakh in this multibagger NSE SME stock at the beginning of the new year 2022, its would have turned into 1 lakh 2.75 lakhs today, provided the investor remains invested in this multibagger stock during this period.
NSE SME Stock is a small-cap company with a market cap of 105 crores. The current trade volume of the stock is 6,825, which is significantly lower than the average trade volume of 36,446 for the last 20 days. Hence, this multibagger stock is a high risk low float stock which can become highly volatile after a trigger. The current book value of this stock is slightly above 22 per share. its 52 week high 79.65 while its 52-week low is . Is 8.20 per share. Hence, the penny stock has become a multibagger within a year.