Stock of this building products company has zoomed 100% since December

Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.

Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange (NSE) in Friday’s subdued market on the back of heavy volumes. At 10:16 am, the S&P BSE Sensex was down 0.09 per cent at 17,289 points. The trading volumes on the counter more-than-doubled with a combined 597,000 shares having changed hands on the NSE and BSE in first one hour of trade.

Since December 2021, the stock of the building products company has zoomed 100 per cent from a level of Rs 374.65 on November 30, 2021. In comparison,