Reliance Infra Share Price 31 December 2023: A Rollercoaster Ride
๐ Reliance Infra’s share price has seen a significant surge in the past year, ending the year on a high note.
๐ฐ On Friday, 29th December, the share price jumped by 10% to close at โน209.85, marking a positive growth rate.
๐ The upper limit for the share price stands at โน232, while the lower limit is โน114.60.
๐น In just the last month, the share price rose from โน189 to โน210, giving investors a return of 10.59%.
๐ Reliance Infra has been performing well throughout the year, providing good returns to investors. In the past six months alone, the share price has increased by an impressive 51%.
๐ Looking at the long-term growth, the share price in January 2023 was โน137. By the end of December 2023, it had reached โน209.85, showcasing a return of 52.23% in just one year.
๐ However, it’s important to note that five years ago, the share price was at โน300. Over the past five years, the share has experienced a negative return of 29.30%.
๐น At one point, the share price reached a high of โน2,485 on 11th January 2009. Since then, there has been a significant decline, with the share price currently trading at โน209.85.
๐น Reliance Infra’s share price plummeted from โน457 in October 2008 to โน9 on 27th March 2020. But since then, there has been a continuous upward trend, surpassing the โน200 mark.
๐ As the year came to a close, the Indian stock market experienced a downward trend. On Friday, 29th December, BSE Sensex closed at 72,240, down 0.23% or 170 points, while NSE Nifty closed at 21,731, down 0.22% or 47.30 points.
๐ข Reliance Infra’s share price journey in 2023 has been nothing short of a rollercoaster ride, showcasing the volatility of the stock market.
With continuous growth and positive returns, Reliance Infra has managed to impress investors. However, it’s important to keep an eye on the market trends and make informed decisions when investing in stocks.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
