Ahmedabad: Sensex BSE made a history by crossing a sign of 60,000 points on Friday.
Rally with the equity benchmark index, 14 Gujarat company stock prices have also increased by more than 100% of this calendar year.
As many as seven Gujarati companies have seen their stock prices up more than 200% from January to September.
During this period that Sensex traveled from 50,000 to a record of 60,048.47 points.
Companies that have more than three times their investor wealth including names such as Ganesh Housing Corporation Limited, R & B Denims, Adani Total Gas Limited (ATGL), Monarch Networth Capital Ltd, Adani Transmission Limited (ATL), PG Foils Ltd.
Gujarat Fluorochemicals Ltd.
Seven share prices of other companies have increased between 100% and 197%.
What stands out among them is Adani Enterprises Limited (AEL), Nandan Denim Limited, Deepak Nitrite Limited and Gujarat Themis BioSyn Limited.
This list also includes companies that come out with early public offers.
New participants 2021 Like GR InfrasProjects Limited, Ami Organics Limited and Chintan Pharma Tatva Chem Limited have produced more than 100% returning their problem prices.
In addition, the price of eight companies from the state has surged between 50% to 99% this year.
At the market rally, Vinod Nair, Head of Research, Geojit’s Financial Services, said that “a weak global market did not affect the momentum to rise the domestic market because it reached the highest record driven by realty and its stock.
India seized a sweet point in the global equity market with an increase in domestic investors .
“According to him, Realty shares continue to outperform other sectors due to increased property registration and house loan prices.
“However, ordering profits are seen in mid and small stock, which is under pressure, and this can continue in the short term,” he added.