The stock has witnessed significant buying activity as it has given more than 90 per cent returns in just one year
On Tuesday, the shares of Stylam Industries Limited soared 4.16 per cent, reaching new 52-week high of Rs 1724.95 per share on BSE. The stock witnessed a surge in trading volume.
Stylam Industries produces ornamental laminates under the brand name “STYLAM” and principally distributes its products to European and Southeast Asian countries. It produces a wide range of ornamental laminates, specialty surfaces, PU+ lacquer coating, solid surfaces and compact laminates of excellent quality.
The fiscal results of Stylam Industries Ltd are as follows:
The key highlights of Q4FY23:
Abakkus Asset Manager LLP is an Indian alpha-focused asset manager. Ace investor Sunil Singhania founded it in 2018 and named it after the abacus, the simplest ancient computer device. Abakkus growth fund-2 brought 313,896 shares at an average price of Rs 900 per share via a bulk deal.
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The stock has witnessed significant buying activity as it has given more than 90 per cent returns in just one year. Investors must keep an eye on this small-cap forest products company.
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