Stock of this textile company has zoomed 127% in a month

Shares of Sportking India were locked in the 5 per cent upper circuit for the ninth straight day, at Rs 4,501.95, on the BSE on Thursday

Shares of Sportking India were locked in the 5 per cent upper circuit for the ninth straight day, at Rs 4,501.95 apiece -- also its new high -- on the BSE on Thursday after the company announced bonus issue plan. The company, engaged in textile business, has seen its market price more-than-double, or up127 per cent, in the past one month as compared to a 3.4 per cent rise in the S&P BSE Sensex.

In the past six months, the stock has zoomed 465 per cent, while in one year it has skyrocketed 1,775 per cent, as against a