Quadrant Future Tek shares turn multibagger with 114% returns since listing

Shares of Quadrant Future Tek surged 113.7% within a week of its January 14 listing, hitting Rs 619.65. The stock debuted at Rs 370 and has shown significant gains since. The IPO was highly subscribed, particularly by retail and non-institutional investors. Quadrant specializes in specialty cables and train control systems, positioning itself for growth in the Indian market.