Multibagger stock, March 4 -- Microcap logistics firm North Eastern Carrying Corporation share price rose over 4 per cent to Rs.20.74 apiece on Tuesday, March 4. The stock rallied after the company posted integrated filing of its financial results for the quarter ending on December 31, 2024.

Over the past year, the stock has dropped 36.04 per cent, weighed down by weak long-term sales growth and substantial debt. North Eastern Carrying Corporation share price has given multibagger returns to its long-term investors as the stock has rallied over 400 per cent in the last five years, rising from Rs.3.61 to Rs.20.7 apiece.

The logistics firm posted a 22.7 per cent year-on-year (YoY) decline in its net profit for the December quarter FY25, d...