The countdown has begun for Chandrayaan 3 to reach the moon. Not only the country, the eyes of the whole world are on India and Chandrayaan 3. It is also being talked about one of the companies that prepared Chandrayaan 3, which has been given the title of Maharatna by the Government of India. Before the soft landing of Chandrayaan 3, this company created such an atmosphere in the stock market that everyone was left watching.
Yes, the name of this company is Bharat Heavy Electricals Limited. Whose shares saw a jump of more than 10 percent on Tuesday. This is a government company, which has got the status of Maharatna. BHEL has a big contribution in preparing Chandrayaan. Let us also tell you what kind of growth has been seen in the shares of the company.
Big jump in company's shares
On Tuesday, the shares of Bharat Heavy Electricals Limited ie BHEL appeared to be rocketing. The company's stock closed at Rs 111.05 per share, up 10 per cent. According to BSE data, the company's stock reached not only the day's but also a 52-week high of Rs 112.75. The company's stock closed at Rs 100.85 on Monday and opened at Rs 101.25 on Tuesday. If experts are to be believed, possibilities of its further boom are being expressed in the coming days.
Gave 38 percent return in the current year
If we talk about the current year, then there has been a good growth in the shares of BHEL. According to data from the National Stock Exchange, the company's shares have given more than 38 per cent returns to investors in the current year. If we talk about the last one month, then the investors' earnings from this stock have increased by more than 13 percent. In one year, the company has doubled investors' money and given 109 per cent return. Investors have earned about 10 percent in just a week.
How much increase in market cap
On Monday, the effect of rocket-like speed in the shares of BHEL was seen that the market of the company increased by thousands of crores. Let's try to understand it with some figures. When the market closed on Monday, the company's market cap on BSE was Rs 35,116.60 crore. On Tuesday, the company's market cap came down to Rs 38,668.31 crore after closing with a gain of more than 10 percent. This means that an increase of Rs 3,551.71 crore has been seen in it.
Has helped in Chandrayaan 3
According to the information, this great company 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 involved in design, engineering, manufacturing, testing, commissioning and servicing of a wide range of products and services for Power, Transmission, Industry, Transport, Defense etc. sectors. engaged in.
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