These companies of the President are making huge profits, one has more than doubled its money in a year - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Thursday, October 12, 2023

These companies of the President are making huge profits, one has more than doubled its money in a year

There are many companies in the country whose share price is less than Rs 50, but they beat even the best companies in terms of giving returns. There are many companies which have increased their investors' earnings by two to three times in 6 months or one year. Let us also tell you about these companies.

The President is the chief of all the government companies of the country. In such a situation, it would not be wrong if the current President is called the mistress of the government companies of the country. Among these government companies, there are some companies which have left no stone unturned in making money to the stock market investors. Whose price is also not more than Rs 50. Today we will tell you about such government companies whose cost is also low and in terms of earning, it is no less than any big company.

Gave more than 150 percent return in one year

IFCI is a government company which provides loans. The government's stake in this company is more than 70 percent. In the last one year, the company has given more than 155 percent returns to investors. In the current year the company has given a return of 72.70 percent. If we talk about the last one month, it has given a return of 53.63 percent to the investors. The company's return in last 6 months has been more than 136 percent. If we talk about today, it is trading at Rs 24.30 with a rise of 4.74 percent.

HOC gave about 42 percent return in 6 months

Hindustan Organic Chemicals is also a government company. The government has 58.8 percent stake in this company. The special thing is that this company has given steady returns to the investors. In the last 6 months, company car returns have been seen to be around 42 percent. Whereas in one year it has been about 28 percent. There has been a return of 17 percent in the last one month. Whereas today the company's shares are trading at Rs 35.85 with a rise of 2.66 percent.

MTNL gave around 52 percent return in 6 months

On the other hand, MTNN has also left no stone unturned in making investors earn. However, the government's stake in MTNL is 56.8 percent. According to the data, the company has given a return of 51.72 percent to the investors in last 6 months. The company has seen a return of 33 percent in one year. In the current year, the company has given returns of about 10 percent to investors. Whereas in one month investors have earned about 21 percent. On Thursday, the company's shares were trading at Rs 28.80 with a rise of 6 percent.

UCO Bank gave more than 250 percent return in one year

Government's stake in UCO Bank is more than 95 percent. This bank has proved to be very good for investors also. Who has given tremendous in one year. It is possible that no government company in the country has given this much return to investors in a year. People have been given a return of 252 percent in one year. Investors' earnings have increased by 63.56 percent in 6 months. It has given a return of about 32 percent in the current year. Today i.e. Thursday, the company's return is trading flat with Rs 41.30.

HMT has been running like a rocket for 6 months

HMT shares have been flying like a rocket for the last 6 months. Which has given a return of 157 percent during this period. Even in the current year, the company has seen returns of around 100 percent. Whereas in one year the company has earned 129 percent for investors. In one month the company has made 93 percent of the investors' income. Today the company's shares are trading at Rs 68.35 with a rise of about 5 percent. The government has 93.7 percent stake in HMT.

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