Global Vectra Share Price: Investors Show Interest Amid Market Volatility
Last Friday, amidst selling pressure in the stock market, investors purchased shares of airline company Global Vectra Helicorp Limited. The week concluded with the share price closing at ₹158.70. The stock had surged by 5% from the previous day, hitting the upper circuit.
Renowned investor Vijay Kedia also holds a personal stake of 1.46% in Global Vectra Helicorp Limited, while his company Kedia Securities owns 1.46% as well. As of Monday (April 15, 2024), the share was trading at ₹167, up by 4.94%.
In the quarter from October to December 2023, both names were missing from the airline’s shareholder pattern, indicating recent acquisitions by Vijay Kedia. The multi-bagger stock has delivered returns of over 40% in the past month and more than 20% year-to-date.
Over the last year, the share price has surged from around ₹54 to ₹158.75, representing a nearly 200% return. On Friday, the BSE Sensex plummeted by 793.25 points, resulting in a loss of ₹2.52 lakh crore for investors. The 30-stock Sensex closed at 74,244.90 points, down by 1.06%.
With the market cap of listed companies on BSE declining to ₹3,99,67,051.91 crore, the trading session highlighted the challenges faced by investors in the current market scenario.
Stay tuned for more updates on Global Vectra Helicorp Limited and the overall market trends!
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