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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Maruti Suzuki Shares: The shares of Maruti Suzuki, a large automobile sector company, saw a boom on Wednesday, June 18. The company’s share price reached Rs 12,841 with a jump of 2 percent. Actually, there is a big news behind this fast. It is being told that the Government of India is considering Australia for the Alternative Source of Rare Earth Magnets. That is, the government is now thinking about asking for rare meaning magnets from Australia so that the supply chain can be diversified and the dependence on China can also be reduced.

Negotiations going on with these countries also

India is also interacting with countries like Argentina, Brazil and Chile for the supply of Australia as well as rare meaning elements. In China, more than 60 percent rare meaning elements of the world are produced and 90 percent refining is also done in China. Ever since China has banned the export of rare economy elements, India has been interacting with many countries to strengthen its supply chain. At the same time, it is also trying to become self -sufficient in its processing.

Maruti Suzuki’s new electric vehicle

Last week, Commerce Minister Piyush Goyal had said that the Government of India is actively looking for options including diplomatic efforts and development of new supply chains. Negotiations are also going on with Chinese officials on this matter. The steps being taken by the government matters even more for Maruti Suzuki as India’s largest automker company is preparing to launch its first electric vehicle E-Vitara. Earlier last week, it was reported in the CNBC-TV18 report that due to lack of rare-economical magnets, it is delayed in launching it and negotiations are going on to reduce the production target.

Shares of Maruti Suzuki

Along with this, at around 10 am today, the company’s shares were trading at Rs 12,839 to climb 1.7 percent at the NSE at Rs 12,839. Since the beginning of the year, Maruti Suzuki shares have gained up to 19 percent.

However, it is also necessary to mention here that even though India is very dependent on China for Rare Earth Magnets and imports about 80 % of its need, but despite this, the impact of China’s ban on India’s auto stock was limited. This is because more than 95 % trains sold in India have internal combustion engines.

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