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With a rally of more than 8,900%, it has changed the fortunes of investors in just 12 years
Polycab India share price: Shares of the company have jumped 200% to Rs 1,739.75 as of June 7 from Rs 579.20 in March last year
The company has also announced its first-ever dividend at Rs 7 a share
According to Edelweiss, the Indian technology services industry is at the same juncture in terms of prospects where it was post-global financial crisis in 2008
With a gain of 91.63% PNB Housing Finance was the top performer of the week as its shares rallied after a consortium of investors announced capital infusion
Considering the present market environment, brokerage Edelweiss Securities is positive on Honeywell Automation
Indian Bank posted a net profit of Rs 1,709 crore in the fourth quarter ended March 2021 as against a net loss of Rs 217.73 crore in the same quarter last year
That means, a Rs 20,000 investment made in the company last year would have become Rs 1.09 lakh at present
Antique Stock Broking said: "Our analysis suggests that macro green shoots are visible in globally linked sectors like metals and IT services."
An investment of Rs 1 lakh in the company a year ago has grown to Rs 11.24 lakh now