Shares of Responsive Industries Ltd are one of the multibagger stocks that Indian stock market has delivered in recent years.
In fact, this multibagger stock has doubled shareholders’ money in YTD, delivering over 100 per cent return to positional investors. However, it seems that there is still some steam left in this multibagger stock.
Despite weak stock market sentiments, Responsive Industries share price today opened upside and went on to hit intraday high of ₹245.95 per share on NSE, logging intraday gain to the tune of 4.35 per cent within few minutes of stock market’s opening bell.
While ascending to intraday high of ₹245.95 apiece levels on NSE, the multibagger stock inch close to life-time high of ₹249.25 per share levels.
However, profit booking triggered at Monday’s high and the stock is currently quoting at ₹240 apiece levels.