Diamond Power Infrastructure Ltd: This stock has changed the entire game in the stock market in the last one year. The price of shares of this company, which were sold at a cheap price a year ago, has now crossed Rs 1200. We are talking about the wealthy company Diamond Power Infrastructure. The company’s shares again hit upper circuit today.
share on upper circuit
Yesterday i.e. on Monday, the shares in BSE closed at the level of Rs 1192.60. But now today these stocks reached the level of Rs 1216.45 with a rise of 2 percent. On September 18, 2023, the price of shares of the company was at Rs 22.11. Since then this stock has reached Rs 1216.45. That means, in just 9 months, the shares of Diamond Power Infrastructure have seen a rise of 5400 percent. The market cap of the company is Rs 6410.34 crore.
Money doubles in 13 days, there is a rush to buy this stock, today the price increased by 18%
Got a return of Rs 50 lakh on an investment of Rs 1 lakh
During the last 3 years, shares of Diamond Power Infrastructure have seen a rise of 84018 percent. That is, then the investors who had invested Rs 1 lakh in the shares of the company, their money would have become Rs 50. Let us tell you, this company sells power transmission equipment.
According to Trendlyen data, the company’s share price has given a return of 62,603.60 percent in the last one year. At the same time, the stock price has increased by 754 percent in 6 months.
The company has distributed bonus shares twice
The company first gave bonus shares to investors in 2009. Then the company had given bonus shares in the ratio of 1:3. At the same time, the last time Diamond Power distributed bonus shares was in 2013. Then investors got bonus shares of 1:3. Let us tell you, the last time the company gave dividend to investors was in 2013 itself.
