New Delhi, Feb. 16 -- Small-cap stock Power and Instrumentation (Gujarat) has delivered massive returns to shareholders over the long term, emerging as one of the top wealth creators in the Indian stock market.

Although the small-cap witnessed a large sell-off in CY25, it continues to trade with massive gains, led by solid accumulation of gains over the years.

From a trading price of just Rs.8.40 apiece six years ago, the shares have rallied 1,360% to trade at the current market price of Rs.122.30 apiece.

In terms of yearly performance, the multibagger stock delivered a massive 355% return in CY21 and another 537% in CY24.

In the previous calendar year, the stock came under severe selling pressure, falling by 62%, as the prolonged ral...