Multi-bagger stock: Shriram Pistons & Rings hits 5% upper circuit in early trade; here is why

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NSE-listed Shriram Pistons & Rings shares hit an upper circuit of 5 per cent on Thursday, December 21. The stock drew investors a day after multiple block deals took place in the stock. The script has hit back-to-back upper circuits for the fourth straight session.

At around 9:48 am, shares of Shriram Pistons & Rings traded 5 per cent, or Rs 57.9, higher on the NSE at Rs 1,216.65 a piece. The market capitalization of the company stood at Rs 5,359 crore at around the same time on the NSE.

As per block deal data on NSE, Abakkus Asset Manager

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