LIC Mutual Fund has placed a big bet on the realty sector company Suraj Estate Developers. LIC Mutual Fund has bought about 3 lakh shares of Suraj Estate Developers. Let us tell you, on Thursday, the price of the company's shares closed at Rs 774 with a fall of 1.88 percent. The company's intra-day high was Rs 799.90.

LIC Mutual Fund—Flexi Cap Fund has bought 2,83,616 shares of Suraj Realty Sector. The company has made this purchase on September 17 at an average price of Rs 758.89. The company's performance in the stock market has been excellent

The share prices of Suraj Realty have seen a tremendous rise in the last 6 months. The company's 52 week high is Rs 847 and 52 week low is Rs 266.80. The company's share prices have seen a rise of more than 200 percent from the 52 week low level till now.

The stock has been giving great returns for 3 months

However, the month of September has not been good for investors. This month, the share prices of Suraj Realty have seen a decline of 4 percent. But the stock had gained 30 percent in the month of June, 39 percent in the month of July and 15 percent in the month of August.

Tomorrow is the record date

Recently, the board of Suraj Realty has approved raising Rs 500 crore. Let us tell you, the company has decided to give dividend. The record date for giving this dividend has been fixed as 20 September 2024. Which is tomorrow. The company is giving a dividend of Rs 1 on every share.