BGIL films & technologies share price: Indian stock market is making new records every day. Amidst this environment, there has been a boost in shares of almost every sector. There is a similar rise in the shares of BGIL Films and Technology, a company related to film production.
What is the condition of the stock?
Last Friday i.e. the last trading day, the shares of BGIL Films and Technology had a rise of 11% and the price reached Rs 4.97. This share had risen by more than 15 percent during trading and the price reached Rs 5.35. The share price in December 2023 was Rs 5.73. This is also the 52-week high of the stock. In November 2023, the share had fallen to the level of Rs 1.89. This stock has seen a stormy rise in the period of one week or one month. During this period, investors have got returns of more than 35 percent.
Shareholding Pattern Details
As of March 2024, the total stake of promoters in BGIL Films and Technology was 41.84 per cent. Public shareholders hold 58.16 percent stake. Under this, the Bhatia family holds 14,53,106 shares. Mohammad Shah Alam is active in this company as a public shareholder. He holds 15,09,52 shares.
how is the market
Last Friday, BSE’s 30-share index Sensex closed at a new high of 76,992.77 points, rising 181.87 points or 0.24 percent. National Stock Exchange (NSE) index Nifty closed at a record level of 23,465.60 points with a gain of 66.70 points or 0.29 percent. On a weekly basis, BSE rose 299.41 points or 0.39 per cent, while Nifty rose 175.45 points or 0.75 per cent.
Market momentum has temporarily slowed down due to lack of new steps following hawkish remarks from the US Federal Reserve. This has reduced the possibility of cutting interest rates in the short term. Strength is likely in the near term as domestic investors await cues from the upcoming Union Budget.
