Bharat Bijlee Ltd: Investor Made 1 Crore With 25000 Rs Investment
Bharat Bijlee Stock: If you want to become a millionaire with less money, then the stock market can be a good place.
There are many such companies in the stock market, which have converted the little money of the investors into crores of rupees. One such company is Bharat Bijlee.
The company manufactures products such as transformers, electric motors, gearless machines for elevators.
Let us know how and in how many days this stock made a millionaire and what should be the next investment strategy. But before that know the latest rate of this share.
Know at What Rate India’s Electricity Share is Trading
On Friday, when the stock market closed, the Bharat Electricity stock closed at a level of Rs 2408.55 on the NSE. On that day, the stock closed with a gain of more than 4 per cent i.e. around Rs 98.
As far as the one year low of this stock on NSE is concerned, it was Rs 1,320.00. At the same time, the one-year highest level of this stock has been Rs 2,439.95. The market cap of this company at present is around Rs 1,361 crore.
Now Know How Rs 25,000 Became More Than Rs 1 Crore
The share rate of Bharat Electricity was trading at Rs.5.85 on October 19, 2001. Whose rate has now increased to the level of Rs 2,439.95.
Accordingly, if someone would have invested Rs 25000 in this share in 2001, then its value has now become more than Rs 1 crore.
Know the Opinion of Experts on Power Sector
India’s share of electricity is linked to the power sector. On the other hand, the opinion of experts is very good about the power sector.
According to experts, as the GDP increases, the consumption of electricity will increase in the country.
Apart from this, due to the increasing focus on renewable energy and demand for electric vehicles, large-scale investment will continue to come in the power sector. The company will get the benefit of this.