The shares of Paika Limited, a business situated in Ayodhya and involved in the paper and paper products sector, have experienced a sharp increase. The market is booming with Paika Limited shares. The company's shares increased by around 13 percent on Friday to Rs 364.60. Paika Limited's stock reached a fresh 52-week high on Friday. In the past four years, the company's shares have climbed from Rs 5 to Rs 360. The company uses sugarcane pulp, or sugarcane bagasse, to manufacture environmentally friendly Dona-Pattal. Devotees would receive meals in Dona-Pattal manufactured by Paika Limited along with prasad during the Ram Mandir Pran Pratistha ceremony in Ayodhya.
The shares of Pakka Limited have yielded significant profits during the past few years. On January 17, 2014, the company's shares were trading at Rs 5.03. On January 19, 2024, Paika Limited's shares hit Rs 364.90. Over this time, the company's shares have climbed by more than 7100 percent. The shares of this Ayodhya-based company reached a 52-week high of Rs 364.90. Simultaneously, the Paika Limited shares' 52-week low is Rs 88.05.
In less than 4 years, Pakka Limited's shares have increased by more than 1700 percent. On April 3, 2020, the company's shares were trading at Rs 20.15. On January 19, 2024, Paika Limited's shares hit Rs 364.90. The shares of Paika Limited have risen 293 percent over the past year. The company's shares have increased in value from Rs 92.80 to Rs 364.90 throughout this time. Over the past six months, there has been a 193% increase in the company's shares. In parallel, Paika Limited's shares have increased 53% so far this year.
