New Delhi, June 10 -- Aayush Wellness share price hit 52-week high by surging 2 per cent upper circuit in Tuesday's trading session to Rs.154.05 apiece after the board approved the formation of wholly owned subsidiary in Singapore with an initial capital investment of SGD 10,000.

The small-cap stock has gained over 51 per cent in last one month. In last one year, Aayush Wellness stock has given multibagger returns to its investors by ascending over 782 per cent.

In a release dated June 9, the company said that this strategic expansion marks a significant step in the company's global growth strategy and will serve as a launchpad for its nutraceutical and healthcare products across the rapidly expanding Southeast Asian markets.

"Our new ...