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Wall Street Journal
Make In India effect: PTC Industries share price jumps 80% in eight days
Make In India effect: PTC Industries share price has been on an uptrend for the last eight successive sessions. In this period, PTC share price has risen from ₹8,226 apiece to ₹14,900 per share mark, recording over 80 percent rally in this period. The small-cap company registered a sharp upside after informing the Indian stock market exchanges about participation in the particular purpose vehicle (SPV) under the ‘Make In India’ initiative, a government-led campaign to encourage multinational and domestic companies to manufacture their products in India. In this participation, the company declared a partnership with top defence entities. This led to a spurt in the trade volume of the stock.
Wall Street Journal
70% of Nifty Realty stocks delivered multibagger returns in one year with Sobha leading the pack; check others
In recent years, real estate stocks have distinctly excelled in the Indian financial markets. Setting new record highs and consistently achieving significant milestones became a regular occurrence for the majority of stocks in this sector.In the past eight trading sessions alone, the Nifty Realty index surged by 15%. Today, it reached a new peak of 1,134 points. Year-to-date, the index has already risen by 44%. Notably, all 10 constituents of the index have gained between 20% and 121% during this period.
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Dhiraj Relli
Managing Director and Chief Executive Officer Dhiraj Relli oversees all aspects of the company’s institutional, retail business and operations. With a career span of over Three decades, he is the member of HDFC family since 2008. He has served as Senior Executive Vice President and Head of Branch Banking at HDFC Bank, where he managed Retail Branch Banking spreading across 800 branches geographically.
