Giving bonus shares 4 times, this company gave return of 1 crore on 1  lakh
Fri, Jan 27, 2023 2:15 PM

Giving bonus shares 4 times, this company gave return of 1 crore on 1 lakh

A Flip by Shruti
Get it on Google Play
The share price of Container Corporation of India has reached the level of Rs 635 from the level of Rs 25 in the last 20 years. This government company has given a return of 2450% in the long term. In this case, the investor's 1 lakh became Rs 25.50 lakh, but if you add the bonus shares received 4 times, then this return amount will be Rs 1.19 crore.

More great flips

Agri Picks Report May 03, 2024: Geojit Financial Services

Agri Picks Report May 03, 2024: Geojit Financial Services

Farmers in Gujarat have sown crops across 1.15 mln ha as of Monday, slightly down from 1.16 mln ha sown a year ago, according to data from the state agriculture department. The normal acreage for the season, which is the average ofthe past three years, is 1.11 mln ha. Bajra, paddy, sesamum, and moong are the main crops grown in the state during the summer.

Open Flip
Coal India Q4 results miss estimates; stock gains!

Coal India Q4 results miss estimates; stock gains!

Shares of Coal India Limited (CIL) gained overĀ 2 percent on May 3 even as the company's earnings for the quarter ended March 2024 missed Street estimates. Despite the disappointing earnings, brokerages maintained 'buy' rating on the stock as they believe that coal remains the dominant fuel in the foreseeable future even as the world is trying to switch to renewable energy.

Open Flip
Nifty 50 makes new record high with Nifty Financial Services in focus!

Nifty 50 makes new record high with Nifty Financial Services in focus!

Market Update at 11:15 AM: In the ongoing trading session, Benchmark indices are trading on a negative note with Sensex moderately declining by 0.43%, while Nifty also plunged by 0.25%. Similarly, in the broader indices Nifty Midcap experience marginal declines of 0.05%, while Nifty Smallcap has slightly declined by 0.06%. India VIX is trading higher by 7.23%.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon