5 Stocks That Soared 11% To 18% In Trade Today On BSE

5 Stocks witnessed a rally of up to 17% in trade on Wednesday on BSE. These stocks are Gujarat Mineral Development Corporation Ltd, Gujarat State Fertilizers & Chemicals Ltd, Saksoft, International Travel House Ltd, and MMTC. Meanwhile, Gujarat based state PSU stocks witnessed rally on Wednesday after the state government introduced minimum requirement for bonus share, dividends, buyback of shares, and stock splits for these companies. Check details pertaining to these stocks below:

1. Gujarat Mineral Development Corporation Ltd: The stock witnessed a rally of 8.40% on BSE in trade on Wednesday. Current market price of the stock is Rs 157.65 per share with intraday gain of 18.40%. The copmany's market capitalisation is Rs 5013.27 crore. The stock fell 22% in last 1-year and gave return of 183% in last
2-years.

2. Saksoft: The current market price of the stock is Rs 240.00 per share with intraday jump of 15.03% on BSE. Its market capitalisation is Rs 2400.00 crore. In last 6-months only, it soared 150%, delivered 180% return in last 1-year, and 401% return in last 2-years. The stock jumped 1488% in last 3-years.

3. Gujarat State Fertilizers & Chemicals Ltd: The stock witnessed a gain of 16.59% in trade today and currently trading at Rs 148.95 per share on BSE. Its market capitalisation is Rs 5935.32 crore. It gave 17% return in last 6-months, fell 14% in last 1-year, and gave return of 63% in last 2-years. In last 3-years, the stock jumped 234%.

4. International Travel House Ltd: Current market price of the stock is Rs 325.50 per share on BSE with intraday gain of 11.19%. The company has a market capitalisation of Rs 260.22 crore. The stock gave return of 63% in last 1-month, 153% in last 1-year, and 431% in last 2-years. It operates in the sector of Tourism & Hospitality.

5. MMTC: Current market price of the stock on BSE is Rs 33.00 per share with intraday jump of 9.96% on BSE. Its market capitalisation is Rs 4,938.00 crore. It fell 30% in last 1-year and gave 118% return in last 3-years.

Disclaimer: These stocks witnessed sharp rally in trade on Wednesday. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.