For the last few days, the stock of BF Investment, which has been giving rapid returns, has seen a huge decline today. The company’s shares fell 10 percent to Rs 413 on Thursday, January 5, 2023, on the BSE. The major reason for the fall is believed to be a news related to the company.
Recently there was news that delisting of BF Investment Company is possible. This news gave wings to the stocks. Even after today’s fall, the shares of BF Investment have seen a jump of 44 percent in the last 5 days. Let me tell you, on Wednesday the company told that the proposal for delisting the board meeting has been rejected. After this, there has been a decline in the shares of the company.
Issue price of Rs 54, now the price has reached Rs 165, triple returns in 10 days
In the last one month, the share price of the company has increased by 30 percent. Whereas in the last 6 months, the stock price of BF Investment has seen a jump of up to 57 percent. At the same time, after reposing faith in the company’s shares a year ago, the coffers of the investors who hold now have received a return of more than 20 percent. Let us inform, the 52 week high of the company is Rs 462.65. And the 52 week low is Rs 235.70.