Stock of this textile company has zoomed over 1100% in 10 weeks

Shares of Digjam were locked in the upper circuit for the eighth straight trading day, up 5 per cent at Rs 224.50 on the BSE in Wednesday’s trade. Of 50 trading days, the stock of the textile company has been frozen in the upper circuit of 5 per cent for 49 days on the BSE, since it got relisted on October 18, 2021 after a reduction of capital. In the past 10 weeks, the market price of Digjam has appreciated by 1,138 per cent or 13 times from Rs 17.27.

Till 02:42 pm; a combined 3,005 equity shares had