Stock worth Rs 4 gave 506% return
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Penny Stock: On average, a tremendous upward trend was seen in the Indian stock market in the month of February. This month, Bombay Stock Exchange index Sensex saw a rise of 2.30 percent i.e. 1659.72 points. Whereas, the National Stock Exchange index Nifty was up by 2.17 percent i.e. 473.50 points. During this period, shares of many companies gave excellent returns to the investors. Today we will give you information about the stock of a company which has given investors a profit of 506 percent in one year. Return Have given. We are talking about penny stock Marsons Limited. The share price of Marsons Limited closed at Rs 26.95 with a rise of 1.97 percent or 0.52 paise on the last trading day of this week. A year ago, on March 2, 2023, the company’s stock price was 4.44 paise.
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Since when have stock prices been increasing?
The stock price of Marsons Limited has seen a steady increase in the last one year. From March last year to January 1, 2024, the company’s stock price doubled. The stock price on this day was Rs 8.03. However, after this there was a tremendous rise in the stock. In the two months of January and February, the share price increased more than three times as compared to January 1, 2024. The company has given a return of 41.99 percent i.e. Rs 7.97 to the investors in one month. Whereas, in six months, investors have been given a return of 330.51 percent i.e. Rs 20.69.
What is the status of the company?
Marsons Limited, associated with the power sector, was established in 1976. The market cap of the company is Rs 377.30 crore. According to the company’s website, Marsons Limited manufactures distribution and power transformers, furnace transformers, dry type transformers and a variety of special application transformers ranging from 10 KVA to 160 MVA 220 KV. Its main unit located in Kolkata is spread over an area of 4,00,000 square feet.
,Disclaimer: Investing in stock market and IPO is subject to market risk. Before investing in any share, get complete information from a good financial advisor. We are not encouraging investment in any company.,
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