Multibagger stock gives 150% return in a month despite weak equity market

Multibagger Stock: Despite the bloodbath in the stock market these days, some stocks have given multibagger returns in the last one month. Shares of Tyne Agro are one of them. Textile Manufacturer Stock is one of the multibagger penny stock in 2022. In year-to-date (YTD) time, it has outperformed the multibagger stock. 7.14 to each level 56.05 levels, appreciating around 685 per cent in 2022. Much to the surprise of stock market observers, this multibagger textile stock has delivered stupendous returns to its shareholders despite weakness in the stock market today. Tyne Agro share price today hit the upper circuit of 5 per cent and hit its lifetime high 56.05 level on BSE.

Tyne Agro Share Price History

In the past one week, this multibagger stock has hit the 5 per cent upper circuit in all the 5 trade sessions, giving a 21.50 per cent return to its shareholders. This multibagger stock has gained momentum in the last one month from 22.65 56.05 levels, appreciating around 150 per cent in the period. In the YTD timing, as mentioned above, this multibagger penny stock has delivered 685 per cent, while the Sensex has fallen around 9 per cent and the Nifty 50 index has dropped nearly 10 per cent in this period. So, this X group stock has generated alpha return in 2022.

This Multibagger Penny Stock Is Trading at Its Life-Time High 56.05 each level while its 52 week low 3.90 level on BSE. The current trading volume of Multibagger stock listed on BSE is 6,53,631, which is much higher than its 20-day average volume of 51,324. The current market capitalization of this Multibagger Textile Stock is 31 crores.

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