Patanjali Foods
The magic of Swami Ramdev’s company Patanjali Foods is being seen clearly in the stock market. In about 200 days, the shares of Pant Jal Foods increased by about 16 per cent from the record lower level. Due to which the valuation of the company saw an increase of more than 9 thousand crore rupees. The main reason for the company’s shares is to increase the company’s revenue. Because of which the company’s shares have appeared to be getting support. Currently, the price of the company’s shares is trading above 600 rupees. Recently, the company has issued bonus shares to its investors for the first time. Let us also tell you what kind of boom has been seen in the company’s shares in the last 200 days.
How many shares came up from record low
Annalizing Patanjali’s shares on BSE, it was found that the company’s shares have come up quite above 52 weeks records. According to BSE data, on February 28, the company’s shares reached the lower level of 52 weeks with Rs 522.81. Since then, the company’s shares have recovered a lot. According to the data, about 16 percent has come up from 52 weeks in the company’s shares. This means that the company’s stock has seen an increase of about 83 rupees. Everyone is surprised to see this fast. According to experts, the company’s stock is growing up very fast. There will be more increase in this in the coming days.
Valuation increased over 9000 crores
The special thing is that during this period, the valuation of the company has also seen an increase of more than 9 thousand crore rupees. According to the data, on February 28, when the company’s stock was at a lower level of 52 weeks, the company’s valuation was Rs 56,872.74 crore. Today i.e. on September 18, the company’s stock appeared at a high of 605.65 rupees, then the company’s market cap reached 65,884.31 crore rupees. This means that the company’s market cap has seen an increase of 9,011.57 crores. At present, the company’s market cap is seen trading below Rs 65,500 crore.
Company share at flat level
If we talk about Thursday i.e. September 18, then Pantjali’s shares are seen doing flat business. According to BSE data, the company’s stock is seen trading at Rs 601.80 with a slight decline of 0.10 per cent at 11.33 am. While in the morning it was opened with Rs 602.95. During the business session, the day of Rs 605.65 reached high. Whereas a day before the company’s stock closed at Rs 602.40. According to experts, the company’s shares have seen a boom in the coming days.