It seems that the shares of Patanjali Foods have regained their old momentum. Since December 15, the company’s shares have seen a rise of about 7 percent. Due to which investors have earned about Rs 3900 crore. The special thing is that due to this rise, the company valuation has once again crossed Rs 61 thousand crores. If we talk about today i.e. Friday, the shares of Patanjali Foods have seen a rise of up to three and a quarter percent during the trading session. Let us also tell you what story the figures of Patanjali Foods shares are telling in the stock market.
rise in shares
There is a good rise in the shares of Patanjali on the last trading day of the week. At 12:50 pm, a rise of 1.20 percent is being seen in the shares of the company and the price is at Rs 558.30. Whereas during the trading session, the company’s shares rose by 2.75 percent and reached Rs 566.85. However, the shares of the company opened at Rs 555.65. Whereas a day earlier the shares of the company had closed at Rs 551.70. By the way, the shares of the company have reached above 13 percent from the low of 52 weeks on Friday. By the way, today the company’s share had also reached its 52-week lower level of Rs 500. After that there has been a tremendous rise in the shares of the company.
How fast in 4 consecutive days
By the way, the company’s shares have been rising for 4 consecutive days. Since 15th December i.e. Monday, there has been a continuous increase in the shares of the company. According to BSE data, the company’s shares closed at Rs 531.20 on December 15, which increased to Rs 566.85 on December 19. This means that the shares of the company have seen an increase of about 7 percent. However, the company’s shares have seen a decline of more than 4 percent in a month. Whereas in the last 6 months, the company’s shares have seen an increase of more than 2 percent. Whereas in the last 5 years the company has earned about 61 percent for investors.
Earning of Rs 3900 crore
Due to the ongoing bullish trend for 4 consecutive days, there has been a significant increase in the valuation of the company. If we look at the figures, the valuation of the company on December 15 was Rs 57,785.44 crore, which reached Rs 61,663.54 crore during the trading session on December 19. This means that the valuation of the company or rather investors have gained a profit of Rs 3,878.1 crore during this period. The company is continuously growing. Experts believe that the company’s shares may see further rise in the coming days.
Leave a Reply