Stock Market: There have been continuous ups and downs in the Indian stock market for the last few months. Be it Trump’s tariffs or selling by foreign investors or sluggish quarterly results of companies, there are many reasons due to which investors are on alert mode to avoid any possible loss in the market.
Adani Power
However, even in this environment, the share 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. This company with a market cap of Rs 2.92 lakh crore generates power through coal-based thermal plants and solar energy.
On September 5, a big decision was taken for the shareholders and approval was given to distribute shares in the ratio of 1:5. That means one share will be divided into five parts. This will increase the number of shares, but its total value will not reduce. Due to stock split, shares become cheaper and it becomes easier for common investors to invest in them. Due to this split, shares worth Rs 700 are now trading at the level of Rs 150.
Maruti Suzuki India Ltd
During this period, the shares of Maruti Suzuki India Limited also registered a rise of about 27 percent and it increased from Rs 12,520.95 to Rs 16,004.35 on BSE. On Tuesday, the share closed at Rs 16,084.50, up 0.50 percent. Last month, the company’s shares had touched its 52-week high level of Rs 16,438.20. The market cap of this automobile company is Rs 5.05 lakh crore.
Eternal Limited
Shares of Eternal Limited rose by almost 29 percent from Rs 258.65 to Rs 335.05 in three months. On Tuesday, it closed at Rs 337.85 with a further gain of 0.84 percent. This company, once listed in the stock market as Zomato, 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 Eternal is Rs 3.26 lakh crore.
Hero MotoCorp Ltd
Shares of Hero MotoCorp Limited also rose by about 30 percent in the last 3 months. Its shares have increased from Rs 4,306.75 to Rs 5,581.05 on BSE. On Tuesday, the shares increased by 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 manufactures and sells two-wheelers as well as spare parts.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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