Stormy boom continues in defense stocks, shares jumped up to 5 percent

डिफेंस स्टॉक्स में तूफानी तेजी जारी, 5 प्रतिशत तक उछले शेयर

Mumbai, May 21 (IANS). The storm shares continue to have a stormy boom. On Tuesday, a large rally was seen in several defense shares including BEL, Solar Industries, India Dynamics and Hindustan Aeronautics.

In the trading session, India Electronics (BEL) shares rose by 5.26 percent to close at Rs 382.26. During the day, the shares made a new all -time high of Rs 383.90. This stock has increased by about 28 percent in the last one month.

At the same time, the stock of private defense company Solar Industries gained 5.26 percent to close at Rs 14,198. During the trading session, the stock made a high of Rs 14,306, which was all-time high at Rs 14,339. In the last one month, this stock has given a return of 13.81 percent.

India Dynamics shares closed at Rs 1,882 with a gain of 4.68 percent. This stock has increased by 31.85 percent in the last one month.

Data Pattern (India) Limited’s stock rose by 4.34 percent to close at Rs 2,754. The stock has given more than 40 percent returns in a month.

Hindustan Aeronautics Limited (HAL) shares closed up 3.13 percent. In the last one month, HAL gave 16.10 percent return investors.

At the end of the trading, the share of the alloy corporation rose by 2.64 percent to close at Rs 407.90. The stock has returned more than 37.83 percent in a month.

After Tuesday’s decline, the Indian stock market made a strong comeback in Wednesday’s trading session. At the end of the trading, the Sensex rose by 410.19 points or 0.51 per cent to 81,596.63 and the Nifty was up 129.55 points or 0.52 per cent to 24,813.45.

Shopping was also seen in midcap and smallcap with largecap. The Nifty Midcap 100 Index was a strength of 436.95 points or 0.78 percent to 56,619.60 and the Nifty Smallcap 100 index 65.60 points or 0.38 percent to 17,548.60.

All the sectoral index of the stock market closed in the green mark. Auto, IT, Pharma, FMCG, metal, realty and energy were the most growing index.

-IANS

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