Back-to-back upper circuit in this multibagger stock; watch out

Shares of Loyal Equipments Limited were locked in the upper circuit on Friday, gaining 5%. The stock has witnessed heavy buying in the last few days. The company posted robust quarterly results. The revenue for Q4FY24 stood at ₹27.50 crore which increased by 58.36% YoY. The operating profit stood at ₹6.10 crore, while PAT was ₹3.81 crore.