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Shares of Kotak Mahindra Bank have climbed 641 times to an adjusted price of Rs 1,779.95 on May 7, 2021 from Rs 2.78 on May 9, 2001
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The benchmark equity index BSE Sensex surged 424 points, or 0.87%, to 49,206 during the week.
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A small investment of Rs 25,000 in this stock made in May 2011 has grown to Rs 4,16,817 today
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Shares of the company have jumped 182% to Rs 5,319 on May 5 from Rs 1,887.30 on August 17, 2020.
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The movement in share price indicates that an investment of Rs 25,000 in this company in 2001 would have now fetched over Rs 7 lakh
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The rally indicates that an investment of Rs 25,000 in March last year would have now fetched Rs 1,36,984
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The BSE Smallcap index rallied nearly 5% to 21,670, while the BSE Midcap index advanced 0.65% to 20,312.20.
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The consolidated net profit of the company has seen an annualised growth of 30% during the past six years.
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Experts believe IRCTC to be a long-term compounder and expect consolidated EBIT margins to expand from 30% in FY20 to 37% in FY23e on the back of a higher proportion of tickets booked online
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Tata Elxsi has not only recovered from COVID induced selloff, but is on a record-breaking spree and is quoting at an all-time high