Multibagger stock, Aug. 18 -- Spice Islands Industries share price hit 5 per cent upper circuit in early morning session on Monday, August 18, after the company reported strong quarterly results on Thursday, August 14.

The small-cap company stock opened at Rs.91.33 apiece in Monday's session, against previous close of Rs.86.99 on Thursday, last week.

Spice Islands Industries share price has given positive returns in last one year despite volatility in the Indian stock market. The small-cap stock has risen over 169 per cent in six months and nearly 107 per cent in one year.

The small-cap share has proven to be a multibagger stock by soaring over 1400 per cent in five years.

The small-cap company posted revenues of Rs.20.12 million, mar...