Monday, February 26, 2024

One speech by PM Modi and government shares earned Rs 24 lakh crore

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PM Modi’s advice on stock market

That day of 10th August… This was the day when Prime Minister Narendra Modi gave a long speech of about 2 hours and 13 minutes in the Parliament. It has been about 6 months since this speech. In this speech, PM Modi had advised the people investing in the stock market to invest in government shares. This can only be called a guarantee of PM Modi because the figures of government shares are giving similar testimony.

If we look at the data of the last 6 months, the government shares which have registered a sharp rise. Such stocks have given tremendous returns which no one even asked about. PM Modi had also said that the government companies which people say will be closed. You start investing in them. You will become rich. The PM said while cornering the opposition. That you start investing in government shares on which the opposition raises questions.

Example of LIC and HAL was given

The government companies which were named by PM Modi in his long speech. The country’s largest insurance companies LIC and HL were included among them. Now let us show you what happened to these two government shares in the last 6 months. First of all let’s talk about LIC. LIC’s share was worth only Rs 655 6 months ago, which has now reached Rs 1029. That means a whopping return of 57 percent in 6 months.

HAL became rich

The second company was Hindustan Aeronautics Limited. This company has also given a strong return of 56.37 percent to the investors in the last 6 months. Six months ago, the share price of this government company was around Rs 1876, which has now increased to Rs 2933. This means that investors have got a profit of more than Rs 1000 from one share. In such a situation, the investor who has invested lakhs of rupees in this share has become rich today.

56 companies and earnings of Rs 23.7 lakh crore

Apart from LIC and HL, there are not one or two but about 56 such government companies which have increased by 66 percent in the last 6 months. During this period, investors have earned a huge profit of Rs 23.7 lakh crore from these shares. During this period, shares like NBCC have also made investors rich. Shares like NBCC have also given strong returns of 232 percent to investors during this period. Six months ago the price of this share was only Rs 48. Which has already crossed Rs 160. Apart from these, the companies which have made investors rich. There is a long list of them. These include 56 companies including IC, Rail Vikas Nigam, MMTC, NDMC, Central Bank, UCO Bank, IRCON, NHPC.

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