Multibagger stock, Feb. 25 -- Small-cap stock Hi-Tech Pipes gained over 3% in intra-day trade on Tuesday, February 25 after the company informed bourses that Manoj Kumar Gupta, Trustee, Hi-Tech Pipes Employees Welfare Trust bought 26,000 shares of the company via the open market.

Earlier this month, Kumar had picked up another 20,000 shares of the company through the secondary market, taking the total shares acquired in February to 46,000. The first tranche of shares was acquired on February 17 and the subsequent tranche between February 20-21.

Kumar's stake in the company has increased from 0.08% to 0.10% this month, representing 197,500 shares of the company.

Shares of Hi-Tech Pipes hit the day's high of Rs.114 on the BSE following t...