New Delhi, Sept. 11 -- A multibagger SME stock jumped 4% to hit its 52-week high in intraday deals on the NSE on Friday, 11 September, in a weak market. Shares of Monolithisch India, which have delivered solid multibagger returns year-to-date, opened at Rs.1,490 on the NSE SME against its previous close of Rs.1,446.40 and rose by 4% to a 52-week high of Rs.1,505, looking set to extend gains for the fifth consecutive session.

The SME stock has jumped over 190% year-to-date, while in the last one year, it has surged more than 205%, delivering multibagger returns, according to NSE data.

In an exchange filing on 10 September, Monolithisch India said it had successfully secured a quartzite stone block in Nawada District, Bihar, through an e-...