stock market 2023
Shares of plastic products maker Astral Limited closed at Rs 1,687.85 on the BSE on Tuesday, up nearly six per cent. The rise in the company’s shares is due to the strong results for the March 2023 quarter. The company’s net profit increased by 45.5 percent to Rs 205.7 crore in the January-March 2023 period. Shares of Astral Limited have performed exceptionally well in recent years with more than 41000% gain in last 12 years.
share market update 2023
If we go back to May 22, 2009, the shares of Astral Limited were trading at Rs 4.08 on the Bombay Stock Exchange (BSE). However, on May 16, 2023, the shares of the company closed at Rs.1687.85 on BSE. This means that investors who hold their investments during this period will get remarkable returns of 41270%. For example, if one had invested Rs 1 lakh in Astral Ltd shares on May 22, 2009, it would be worth Rs 4.17 crore today.
share market news 2023
If we look at the last 10 years, the shares of Astral Limited have given a return of 4280%. As on 17 May 2013 the shares of the company were trading at Rs.38.52 on BSE. It fast forwarded to May 16, 2023 and the stock closed at Rs 1687.85. If someone had invested Rs 1 lakh in Astral Ltd shares a decade ago and had kept his investment, it would have been worth Rs 43.81 lakh today. The stock of the company touched a high of Rs.1990.50 and a low of Rs.1188 in the last 52 weeks.
Disclaimer: The information provided here is only regarding the performance of the stock and should not be considered as investment advice. Investing in the stock market involves risk, and it is advised to consult a financial advisor before making any investment decision.