Stock Market: 3 times jump in the shares of this chemicals company, investors became rich

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Gujarat Alkalies & Chemicals Limited Share Price : In today’s time, investors are afraid to invest in view of the condition of the stock market. At this time, experts are advising to bet on such stocks, which have performed well in the past. With this, there is a possibility of growth in this stock.

3 times jump in shares
In this news we are discussing about Gujarat Alkalies & Chemicals stock, which can be a better option for your investment. This company is the second largest company in its sector. Within a few years, the company has made its investors rich. Let us tell you that in the last two and a half years, the company’s shares have seen a jump of 3 times.

Investors got dividend
According to stock experts, investors have received dividends from time to time. During the last 5 financial years, the company has given dividend to the investors at regular intervals. On 12 October 2021, the price of one share of the company was Rs 323 on BSE. Which has reached the level of Rs 804.30 in March 2022. The company’s share prices have seen a rise of 180 percent. The price of one share of the company is around Rs 904 on Thursday. On 24 March 2020, the price of one share of the company was just Rs 165. So far, the company’s share prices have seen a jump of 448 percent.

where will the stock arrive
Let us tell you that there is a possibility of boom in the business of this company. The margin of the company is also expected to increase. If an investor buys it in the range of Rs 918-926 keeping in mind the stop loss of Rs 824, then he can set a target of Rs 995 in the next two quarters. In the event of being bullish, the company’s shares can go to the level of Rs 1077.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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