Multibagger stock India Glycols drops 3% after 4 days of gains; should you buy the stock as it readies for a demerger?
New Delhi, Aug. 19 -- Multibagger stock India Glycols declined more than 3% in intraday trade on the BSE on Wednesday, 19 August, looking set to snap its four-day winning run. India Glycols share price opened at Rs.1,152.40 against its previous close of Rs.1,138.60 and declined 3.3% to an intraday low of Rs.1,101.05.
As per the BSE data, India Glycols shares are up 10% year-to-date, compared to a 10% drop in the equity benchmark Sensex.
Over a longer timeframe of three years, the stock has delivered a multibagger return of 216%, while in the last 10 years, the stock has surged 2,198%.
On 12 August, India Glycols reported double-digit growth in revenue, EBITDA, and profit after tax (PAT) for Q1FY27, supported by a balanced portfolio and...
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