Multibagger stock Sprayking soared 3092% in 4 years, jumped from ₹1.5 to ₹50.7
Sprayking has given exceptional returns to its investors in the last 4 years. The stock has skyrocketed around 3,092 percent from ₹1.59 in April 2020 to currently trade at its record high ₹50.75. Meanwhile, the stock has also given multibagger returns, almost 132 percent in the last 1 year.
Just in 2024 year-to-date (YTD), the stock has risen 18 percent from ₹42.98 in December 2023. This year so far, the scrip has given positive returns in 4 of the 5 months till date. The stock has jumped 14 percent in the 2 sessions of May, after a 1.5 percent rise in April.
However, the stock shed 16.2 percent in March. Meanwhile, it was up almost 16 percent in February and was flat but in the green in January. Despite the rise in May, the stock is 15.5 percent away from its record high of ₹60.04, hit on February 8, 2024.
Meanwhile, it has advanced over 181 percent from its 52-week low of ₹18.05, hit on May 8, 2023. Sprayking, formerly known as Sprayking Agro Equipment, is a renowned manufacturer of brass components and parts. Their products include fittings, forging equipment, transformer parts, and more, all customised to meet specific needs.
It also manufactures and trades agricultural sprayer parts, garden fittings, extruded brass rods, and lead-free brass fittings. Sprayking recently achieved a significant milestone by securing its first-ever sample order for hose nozzles from Flobal Corporation, a major provider of plumbing parts for manufacturing industries worldwide for over a century. This win is a substantial achievement for Sprayking, a key player in the brass manufacturing sector.
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