Stock market: For the past few months, the Indian stock market has been seeing continuous fluctuations. Whether it is about Trump’s tariff or the selling of foreign investors or the dull quarter results of companies, there are many reasons that investors are on alert mode to avoid any possible damage in the market.
Adani power
However, in this atmosphere, the stock of Adani Power Limited has increased by about 27 percent in the last three months, which has increased from Rs 119.34 to Rs 152 on BSE. On Tuesday, Adani Power shares closed at Rs 151.45 with a slight fall. With a market cap of Rs 2.92 lakh crore, this company generates power through coal-based thermal plants and solar energy.
Taking a big decision for the shareholders on 5 September, it was approved to divide the shares in the 1: 5 ratio. That is, one share of it will be divided into five parts. This will increase the number of shares, but its total value will not be reduced. Due to stock split, the stocks become cheaper and it also makes it easier for common investors to invest in it. Due to this split, now shares of Rs 700 are now trading at the level of Rs 150.
Maruti Suzuki India Ltd
During this period, the stock of Maruti Suzuki India Limited also recorded an increase of about 27 percent and it increased from Rs 12,520.95 to Rs 16,004.35 on BSE. The stock rose 0.50 percent to close at Rs 16,084.50 on Tuesday. Last month, the company’s stock touched its 52-week high level 16,438.20 rupees. The market cap of this automobile company is Rs 5.05 lakh crore.
Eternal ltd
International Limited shares increased by about 29 % in three months to Rs 258.65 to Rs 335.05. On Tuesday, 0.84 percent and closed at Rs 337.85 with an edge. Once listed as Jomato in the stock market, this company operates a platform that connects customers with restaurant partners and delivery partners. Through this, people get facilities like restaurant discovery, food ordering, table booking. The market cap of Eternational is Rs 3.26 lakh crore.
Hero Motocorp Ltd
Shares of Hero MotoCorp Limited also climbed up to 30 percent in the last 3 months. Its stock on BSE has increased from Rs 4,306.75 to Rs 5,581.05. On Tuesday, the stocks rose 0.34 percent and closed at Rs 5,600. The market cap of the company formed in 1984 is Rs 1.12 lakh crore. The company makes and sells two-wheelers as well as spare parts.
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