Shares of this company running at top speed before the landing of Chandrayaan-3, have gained more than 10% in the last 5 days
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The shares of Bharat Heavy Electricals Limited ie BHEL are running like a rocket. The shares of the company had closed at Rs 111.05 per share with a gain of 10 per cent on Tuesday. According to BSE data, the company’s stock has not only reached a day’s but also a 52-week high of Rs 112.75. Earlier on Monday, the company’s stock had closed at Rs 100.85. It had opened at Rs 101.25 on Tuesday. Investors hope that if the Chandrayaan-3 mission is successful, then the company’s shares can see a stormy boom.
Investors got bumper returns
The stock of Bharat Heavy Electricals Ltd has given bumper returns to the investors. So far this year, the company’s shares have given more than 38 per cent returns to investors. In the last one month, BHEL stock has given 13 per cent return to the investors. Investors who invested in the company’s stock have doubled their capital in a year. However, due to profit-booking, the stock of BHEL has seen a decline today. The company’s stock has seen a decline of more than one percent today.
Battery and other components provided
BHEL has played an important role in Chandrayaan-3 mission. The company had made batteries and other components available for Chandrayaan 3. Bharat Heavy Electricals is an integrated power plant device maker. It is engaged in Design, Engineering, Manufacturing, Testing, Commissioning and Servicing of a wide range of products and services for Power, Transmission, Industry, Transport, Defense etc. sectors.
This company of Ratan Tata made a big announcement, shares became a rocket, there was a rush to buy investors
how much is the market cap
The company’s market cap has also increased amid the rise in shares. According to the report, the market cap of the company has increased to around Rs 38,668.31 crore. An increase of thousands of crores has been seen in this.
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