Stock of this smallcap company has zoomed 58% in 6 days on strong Q3 result

In the past 9 months, the stock of Apar Industries has skyrocketed 245 per cent

Shares of Apar Industries rallied 16 per cent to hit a new high of Rs 2,230 on the BSE in Tuesday’s otherwise weak intra-day trade. In the past six trading days, the stock has zoomed 58 per cent after the company reported a massive 210 per cent year-on-year (YoY) jump in its consolidated profit to Rs 170 crore for the December quarter (Q3FY23) led by strong operational performance.

In the past nine months, the stock of the world's largest conductor manufacturer and India's largest renewable cables manufacturer, has skyrocketed 245 per cent. Today, it surpassed its previous high of