Shares of this company became rocket, earned Rs 200 crore in 1 minute - Newztezz Online

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Wednesday, October 11, 2023

Shares of this company became rocket, earned Rs 200 crore in 1 minute

Avantel shares have been witnessing a strong rise in the last few days. If we talk about today, the company has made a profit of more than Rs 200 crore in one minute. However, the company's shares have reached record high during the trading session.

Aventel Limited came into limelight after the soft landing of Chandrayaan 3. Even though this company had no contribution in the Chandrayaan mission, there was definitely a tremendous increase in the shares of the companies at that time. The process of which is still continuing. According to the data, the company's shares have seen an increase of more than 40 percent in the last one month. The company's shares have increased by more than 16 percent in the last 5 trading days. The special thing is that today the company's shares rose by more than 8 percent in just one minute and the company made a profit of more than Rs 200 crore. Let us also tell you at what level the shares of the company are trading at present and why the rise is being seen.

Company's shares at record level

Aditya is the country's leading IT solutions and space tech company playing an important role in L-1. Today there was a tremendous rise in the company's shares. At present i.e. at 1:40 pm, the company's shares are trading at Rs 332 with a rise of Rs 15 i.e. 4.75 per cent. Whereas during the trading session the company's shares reached a record level of Rs 343.30. The surprising thing is that within a minute of the market opening, the company's stock had reached Rs 343.30 with a rise of 8.30 percent. Whereas a day earlier the company's shares had closed at Rs 317.

Earned more than Rs 200 crore in one minute

Due to this growth, there was a tremendous growth in the market cap of the company. The market cap of the company was Rs 2580 crore a day ago. Which came to Rs 2794 crore within a minute of the start of trading today. Due to which an increase of Rs 214 crore was seen in the market cap of the company in one minute. By the way, retail investors of the company would also have benefited a lot today.

How much return was given in the last 22 years

In the last 5 trading days, the shares of Aventhal Limited have given a gain of 15 percent to the investors.

In the last one month, shares of Aventhal Limited have given returns of more than 41 percent to investors.

In 6 months the company's shares have come down to the level of Rs 90 to Rs 343. This means that it has given returns of more than 281 percent to investors.

If we talk about the current year, the company's share was at Rs 77 at the beginning of the year, which has come down to Rs 343. This means that investors have got a return of Rs 346.

A year ago the shares of the company were around Rs 63, which has now come down to Rs 343. This means that investors have got a return of 445 percent.

Five years ago, the company's share was worth Rs 11, which means that investors have got returns of more than 3000 percent so far.

About 22 years ago, during February 2001, the company's shares were not even worth one rupee. Since then, investors have got a return of 35600 percent from this share.

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