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Money doubled within two weeks; Semiconductor stocks hit highs, investors raised stocks

Ritul Pandey

By Ritul Pandey

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The shares of the small company Moschip Technologies have seen a big jump in the last few days. The semiconductor company performed strongly in the stock market on Wednesday. The company has gained more than 13 percent in the Mumbai Stock Exchange. This stock has increased from Rs 128.10 to Rs 257.65. This stock has given double returns in 12 days. The company’s stock reached a 52-week low of Rs 74.45. Now they have performed strongly.

The amount doubles in 12 days

Shares of semiconductor and system design services company MosChip Technologies rose 100 percent in 12 days. The company’s stock doubled people’s money in 12 days. On May 31, 2024, the stock of MosChip Technologies was at Rs 128.10. On Wednesday, June 19, 2024, the company’s stock was trading at Rs 257.65. The Ministry of Electronics and Information Technology has approved the company’s application under the Semiconductor DLI scheme. After this, the company’s shares have jumped by more than 44 percent in 4 days.

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150 percent jump in 6 months

The shares of Moschip Technologies have jumped more than 150 percent in the last 6 months. On December 19, 2023, the company’s share was at Rs 100.19. The share of Moschip Technologies reached Rs 257.65 on June 19, 2024. The company’s share increased by 205 percent in a year. On June 19, 2023, the company’s share was at Rs 81.19. The share price of Moschip Technologies reached Rs 257.65 on June 19, 2024. In the last 4 years, the company’s stock has seen a jump of Rs 1550. During this period, the company’s share increased from Rs 15 to Rs 250.

new stock market record

On Wednesday, the third day of this week, the stock market registered another record. In a volatile session, the Sensex reached an all-time high of 77851.63. While in the last phase of trading, the Sensex rose 36.45 points. It closed at a new high of 77.337.59 points. However, the Nifty did not get the mood. Nifty fell by 41.90 points. It closed at 23,516.

Note: This is only an accounting of the stock. Here is the performance of the stock. You should consult a certified investment advisor before investing. TV9 Marathi will not be liable to you for any such profit or loss. Be careful while investing in penny stocks. Check the fundamentals of the company. Do not fall into any misconceptions.

Ritul Pandey

Ritul Pandey

I am Ritul Pandey, a content creator focused on delivering entertaining and engaging news from the worlds of entertainment and sports

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