New Delhi: Even though there was a slight decline in the shares of Patanjali Foods on Monday, but in the last one month, the company’s shares have seen a 20 percent rise. The significant thing is that in the last one week, there has been a tremendous increase in the company’s shares. Ever since the company has announced to give bonus shares. Since then, the company’s shares have seen a rise. Now the biggest question is whether Patanjali’s stock can make a 52-week record or not? This question is also because there is a difference of only Rs 70 between the current share price and the 52-week record high price.
If we talk about Monday, the price of the company’s shares on BSE was seen at Rs 1941.40. By the time the stock market closed, the company’s shares saw a slight decline of Rs 2.65. While today the company’s stock opened with a slight decline at Rs 1939.95, but soon reached the day’s high with Rs 1951.65. After that, slight profit booking was seen in the shares. Whereas on Friday the company’s stock closed at Rs 1944.05. According to experts, the company’s quarterly results are about to come. In which better figures can be seen. In such a situation, the company’s shares may rise.
The special thing is that the shares of Patanjali Foods have seen a good rise in the last one month. According to the data, the share of Patanjali Foods has jumped up to 20 percent in a month. If we talk about the last one week, then the company’s shares have seen an increase of about 15 percent. In the current year, the company’s shares have given positive to the investors and an increase of more than 7 percent has been seen. Whereas in the last one year, the company has given a return of about 21 percent to the investors.
Will the company create a new record?
Now the biggest question is whether the company’s stock will set a new record? Because Patanjali Foods’ stock is seen very close to the 52-week high. If we look at the data, the company’s 52-week high is Rs 2,030. The company’s stock touched this figure on 4 September 2024. The current share price is about Rs 70 away from the record high. This means that the company’s shares still need a 5 percent rise to break the 52-week record.
