2024-10-02 15:37:31
New Delhi: There was a huge decline in the stock market on Monday. Sensex fell by more than 1000 points. Nifty also fell by more than 300 points. In this falling market, there were many shares which gave huge benefits to the investors. These shares gave returns of more than 5 percent. There were some shares whose one day return was 10 percent or more. Amidst all this, one stock has given huge returns to the investors in one day. The name of this stock is SOFCOM Systems Ltd. It gave 20 percent return to investors on Monday. With this return its share came to Rs 55.53. If you had invested Rs 1 lakh in this company, today its value would have been Rs 1.20 lakh. That means you would have made a profit of Rs 20 thousand on Rs 1 lakh in a single day.
Money printing shares, converted Rs 1 lakh into Rs 5 lakh in one year, and in 5 years…
What does the company do?
This company is involved in software development. The company makes software for sectors like banking, transportation, medical, hospitality etc. The company’s software is used in many countries of the world. Apart from this, the company also works in sectors like mobile app development, cloud deployment service, consultancy etc.
What is the market cap of the company?
The market cap of the company is Rs 19.88 crore. If we talk about its share, its 52 week high is around Rs 70. The all time high is a little more than Rs 100. This was in the first week of December in the year 2022. After this the stock registered a decline. After May 2023, there was some increase in it. However, fluctuations continued later.
These shares gave more than 10 percent returns
There were also such shares in the stock market which gave 10 percent or more returns on Monday. Bajaj Steel shares are also included in these. It gave about 17 percent return on Monday. After this, there was a tremendous rise in the shares of Tera Software Ltd company. Its shares jumped nearly 12 percent on Monday. With this rise its share price crossed Rs 90.