This small-cap firm is one of the many multibagger penny stocks

that the Indian stock market has developed in recent years. 

However, investors have continued to sell shares of the company's stock

giving investors a return of almost 400%.

sending the price down from ₹104.85 per share (the firm's 52-week high) to ₹53.30 per share (a loss of over 50%).

This small to medium sized enterprise (SME) has been in a base building phase

but in the last two years, its share price has increased from roughly 10 to 53

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