New Delhi, August 30. Today, on August 30, there was a strong rally in the stock market. The Sensex closed at 59537.07, up 1,564.45 points or 2.70 per cent, while the Nifty closed at 17759.30, up 446.40 points or 2.58 per cent. Today, about 2323 shares rose, while 1007 shares declined.
There was no change in 123 shares. Financial, auto, realty and power stocks rose today. Today the rupee also closed with a strength of 51 paise at 79.45 per cent. Yesterday it closed at 79.96 per US dollar.
IT stocks also performed well today. Including Infosys. Today Infosys closed with a gain of over 2 per cent. But this is the stock, which has given a profit of Rs 15.70 crore for just Rs 1 lakh in the last few years. Know further complete details.
Infosys made rich
The stock of Infosys has been a stock giving very strong returns in almost 26 years. The stock stood at Rs 0.95 on BSE on March 26, 1996, while it closed at Rs 1,493.20 today.
This stock has achieved a growth of about 1,57,078.95 percent during this period. This has made investors more than Rs 1 lakh to Rs 15.71 crore and they became rich.
5 year return
The stock of Infosys as on 1st September 2017 stood at Rs 460.05. Whereas now it is at Rs 1493.20. That is, it has made investors’ money more than 3 times in 5 years.
In these 5 years, this stock has given a return of 224.57 percent. That is, whoever would have invested Rs 1 lakh 5 years ago, their value will be close to Rs 3.57 lakh today.
10 year return
The stock of Infosys has given 388.50% return in 10 years so far. The stock stood at Rs 305.67 on August 24, 2012, while it closed at Rs 1493.20 today. That is, these shares have made Rs 1 lakh more than Rs 4.88 lakh in 10 years.
damage has also been done
The returns of the last 6 months of Infosys have been negative 12.32 per cent. In one year, it has made a loss of 12.38 per cent. The stock of Infosys has given a negative return of 3.70 percent in 1 month.
Its market capital is currently Rs 6.26 lakh crore. Its stock’s peak of the last 52 weeks has been Rs 1,953.70 and the low level is Rs 1,367.20.
Infosys Limited is an Indian multinational information technology company providing business consultancy, information technology and outsourcing services.
The company was established in Pune and is headquartered in Bangalore. According to the Forbes Global 2000 ranking, Infosys is the second largest Indian IT company after Tata Consultancy Services and 602nd largest public sector company in the world according to the 2020 revenue figures.
At present too, TCS has a market capitalization of Rs 11.75 lakh crore, while Infosys is second with Rs 6.26 lakh crore.