National Standard India Share Price has gained almost 90 percent since January 10. During this, the shares of the company have increased by about Rs 3,600.
Investors made huge earnings here
Quarterly results round is underway. Quarterly results of many big and small listed companies have been released. At the same time, the quarterly results of some big companies are yet to come. Shares of companies and the stock market bearing these results (Share Market) It is clearly visible in both. One such stock has been performing very well for the last few days. name of this company National Standard India Is. The stock of this company has almost doubled investors’ money in five trading sessions. Let us also tell you that how much was the share of 10 companies five days ago and how much has it become now and why is there a booming atmosphere in the shares of the company?
The company’s stock has increased by 90 percent
National Standard India shares have given 90 per cent returns in five trading sessions. On January 10, the company’s stock had closed at Rs 3,970.10. Since then, it is continuously showing an upper circuit of 20 per cent. Even today, the company’s stock is holding an upper circuit of 10 per cent. Because of which it has reached Rs 7537.95. This means that the shares of the company have seen a gain of about Rs 3,600 in these trading sessions. Before January 10, the stock of the company is witnessing ups and downs.
That’s why the stock of the company is rising
If we talk about the reasons for the rise in the company’s shares, then the main reason for this is the company’s quarterly results. Ever since the quarterly results of the company have been released, since then there has been a tremendous growth in the shares of the company. Talking about the figures, National Standard India has seen the company’s earnings of Rs 855 crore and expenditure of Rs 375 crore in the quarter. Earnings have doubled as compared to earlier and there has been an increase in expenditure.
Current stock status of the company
At present, if we talk about the condition of the company’s stock, at present the Bombay Stock Exchange is on the upper circuit of 10 percent. Whereas for the last few days, 20 percent upper circuit was engaged. The company’s stock is trading at Rs 7537.95 with an increase of about 10 percent i.e. Rs 685.25. While the shares of the company had closed at Rs 6,852.70 a day earlier. By the way, the 53-week high of the company is Rs 11,759.35 and the market cap of the company has crossed Rs 15,000 crore.
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