Stock of this smallcap company has zoomed over 50% in four trading days

Shares of WPIL were locked in the 10 per cent upper circuit on the BSE at 01:09 PM. The stock also hit a new high of Rs 1,791.65

Shares of WPIL were locked in the 10 per cent upper circuit and hit a new high of Rs 1,791.65 on the BSE in Tuesday's intra-day trade.

In the past four trading days, the stock of the industrial products company has zoomed 53 per cent after it reported robust December quarter (Q3FY23) results, with the profit after tax (PAT) jumping 459 per cent year-on-year (YoY) to Rs 83.70 crore on the back of strong revenue. In comparison, the S&P BSE Sensex was up less than 1 per cent.

WPIL is engaged in the business of providing flow solutions from supply