Upper Circuit: How far can you think about the returns from a stock. Let your imagination run wild. 50%.. 100%.. 200%.. 500%.. keep thinking. This stock has given investors more returns than your imagination will give up in a year. Even during the period of market downturn, it closed at the heights of upper circuit for the third consecutive day. This stock is of Bharat Global Developers i.e. BGDL. This stock has given investors a return of 2647 percent in a year. If we put it in simple language, then it is a return of twenty-six and a half times. 2647 rupees have been received on investing 100 rupees. Similarly, if we talk about YTD, i.e. from the day the year started till 12 December, a return of 2000 percent has been received. This simply means 20 times profit. On Friday also, the stock of BGDL closed at the upper limit of the upper circuit of five percent for the third consecutive day.
Reached from Rs 56 to Rs 1183 in a year
If we talk about the rise in the shares of BGDL, it has increased from Rs 56 in the year 2024 to Rs 1183 till now. Experts believe that the reason for this rise in the shares of the company is a big deal with Tata Agro and Consumer Products. Under this, BGDL's subsidiary will supply goods worth Rs 1650 crore to Tata Agro. BGDL has to supply many other products including tea leaves, coffee beans, organic pulses, coconut, peanuts, mustard and sesame as well as dry fruits like almonds, cashews, nutmeg and walnuts to Tata Agro. Under this order received for a year, BGDL has to supply the goods to Tata Agro on time.
The company claims that profits will increase after the deal with Tata
BGDL claims that its profits will increase after the deal with Tata. The company is looking at this as an expansion of its footprint in the agriculture sector. BGDL has also entered into important partnerships with Reliance Industries and McCain India Agro.
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