Monotype India Share Price Surges by 5% on Tuesday 🚀
Monotype India Limited, a financial and investment company established in 1974, saw a significant rise in its share price on Tuesday. The company’s shares jumped by 5%, following a similar trend on Monday where the stock hit the upper circuit. Over the past five trading days, the stock has surged by 10%, and over the last six months, it has seen a 50% increase.
However, Monotype India has not always been a profitable investment. In 2016, the stock was priced at over ₹36, but currently, it is trading at less than 97% of that value. Despite this, the stock has delivered impressive returns over the past year, with a whopping 170% increase in value. During this period, the price has risen from 32 paise to 86 paise.
Year-to-date, the stock has gained 15%, and over the past five years, it has surged by an impressive 355%. The company has a market capitalization of ₹60.47 crores, with its 52-week high at ₹1.06 and low at ₹19. In March 2015, the company split its equity shares by dividing the ex-trading stock of ₹10 into ₹1.
On Wednesday (29 May 2024), the share price was trading at ₹0.90, up by 4.65%. Monotype India Limited offers a range of financial services, including investment in stocks, bonds, and other securities, as well as financial advisory services for businesses and organizations.
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