Due to this decision of G20, this stock can run like a rocket, gives huge returns in 1 year

After a decision of G20, there is a rise in the stock market. In the last one year, this government share has given 218 percent return to investors.

Before the G20 meeting, a bumper rise has been seen in the government shares of the stock market. The global meeting of G20 in India is likely to boost the Indian economy and stock market. Meanwhile, in the G20 meeting, the railway agreement has been signed between America, Saudi Arabia and UAE. India will work with these countries on creating a new railway network. A rail network will be built between Gulf and Arab countries. However, after this news, government shares are expected to run faster than the speed of a rocket. This stock has given tremendous returns in the last one year.

Market closed at Rs 133

Talking about the rate of IRCON International Limited, it was trading at Rs 133.65 after the market closed on Friday. This stock registered a jump of 8.84 percent in the trading session during this period and closed at Rs 133.65 after an increase of 10.85 points.

At the same time, if we look at the holdings of this company, it has 73.18% promoters' stake, which is with the government. For the last one year, the government's stake in the company has remained equal. In this, the share of foreign institutional investors i.e. FII is 5.1 percent. Whereas the stake of Indian Institutional Investor i.e. DII is 1.06 percent. Public holdings in this company are 20.59 percent.