Business Standard

Thursday, December 26, 2024 | 04:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

This Tata group company's shares have zoomed 77% in four weeks

The stock was trading at its highest level since 1992

stocks, market, investors, investment
Premium

Illustration by binay sinha

SI Reporter Mumbai
Nelco shares hit a multi-year high of Rs 377.90 after rallying 16 per cent on the BSE in intra-day deal on the back of heavy volumes in an otherwise subdued market. Nelco is a Tata Group Company in which the group company Tata Power Company holds 48.64 per cent stake, as on March 31, 2021.

The stock was trading at its highest level since 1992. It hit a record high of Rs 1,700 on March 24, 1992, the BSE data shows. In the past four weeks, the stock has zoomed 77 per cent, as compared to 1.28 per cent

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in