Hindustan Zinc Ltd Stock Journey
The Government of India has more than one company. Most of these companies are listed on the stock market.
These companies are also giving good returns. Some companies have given very strong returns. We are going to tell you about one such government company here.
The rate of this company was only 77 paise a few years ago, while at present the rate of this company is around Rs.324.40.
If someone had invested only Rs 1 lakh in this company, today its value would have been around Rs 7 crore. Even if only Rs 10,000 was invested, its value would also be around Rs 70 lakh.
Let Us Know About This Wonderful Company
The name of this wonderful government company is Hindustan Zinc Limited.
The name of this magnificent government company is Hindustan Zinc Limited. Its share was at 77 paise at one point of time. Let us see what is the rate of this stock on NSE and BSE today.
The share of Hindustan Zinc Limited is trading at a rate of around Rs 324.40 on NSE this afternoon. Today this stock is trading at a fast pace.
While the one year low of this stock has been Rs 242.05 on NSE, the highest level has been Rs 408.60.
Apart from this, the share of Hindustan Zinc Limited is trading at a level of around Rs 255 on BSE this afternoon.
Today this stock is trading at a fast pace. While the one year low of this stock has been Rs 242.40 on BSE, the highest level has been Rs 408.90.
Now know when the share of Hindustan Zinc Limited was 77 paise
The share of Hindustan Zinc Limited was trading at the level of Rs.77 only 22 years ago.
The shares of Hindustan Zinc Limited were trading at 77 paise on the Bombay Stock Exchange (BSE) on August 25, 2000. Whereas now this stock is trading at around Rs.285 level.
In this way, the shares of Hindustan Zinc have given a return of more than 26,500 per cent during this period.
Know how Rs 1 lakh was converted into Rs 7 crore
The shares of Hindustan Zinc Limited were trading at 77 paise on BSE on August 25, 2000. If someone had bought shares of Hindustan Zinc Limited worth Rs 1 lakh at that time, he would have got about 129870 shares.
After this, Hindustan Zinc has issued bonus shares in the ratio of 1:1 on March 7, 2011. In this case, the number of shares held by the investor in the company would have increased to 259740.
On the other hand, the share of Hindustan Zinc is trading at a level of around Rs 324.40 on BSE on Febuary 15, 2023.
In such a situation, the investment of Rs 1 lakh has now increased to about Rs 7.50 crore.
On the other hand, if someone had placed only Rs 10,000 at the 77 paise level, then its value would have been around Rs 75 lakh.
Know now the short term returns of Hindustan Zinc Limited
The share rate of Hindustan Zinc Limited was at Rs.23.90 on BSE on October 24, 2008. Company Had someone invested Rs 1 lakh in the company’s shares on October 24, 2008, his investment would have grown to Rs 11.86 lakh.
