After Gujarat Chief Minister Vijay Rupani won the Rajkot West Assembly seat, party workers across the country have started to celebrate.
As Bhartiya Janata Party started registering offcial victories in Gujarat, the emerging trends indicate that soon the party will come as an official winner to make the government in the state. After Gujarat Chief Minister Vijay Rupani won the Rajkot West Assembly seat, party workers across the country have started to celebrate.
Even the markets are recovering and traded in green as the numbers become favourable to Amit Shah led BJP. All major stocks such as Bharti Airtel, ICICI Bank, Tata Group bounce back too.
Adani Group after a hit in the morning started trading in green with stocks ganing over a per cent. Maximum gains were amassed by M&M, Adani Ports, Tata Steel, HDFC Bank and Asian Paints.
At 10:20 AM, it was just five stocks that were in negative while the remaining 25 stocks are in green.
While, experts and BJP itself are now confident of its win in both the states, we have listed out five top Gujarat based stocks that are guaranteed to soar.
Gujarat Borosil: The sheet glass manufacturer has been the top gainer among the stock companies from the state for five consecutive years in a row. The scrip has risen to Rs 133.35 from Rs 5.18 in this period. Besides glass sheet, the firm manufactures low iron solar glass for application in photovoltaic panels, flat plate collectors and green houses.
Symphony: The company is into the business of manufacturing and trading of residential, commercial and industrial air coolers. Symphony after Gujarat Borosil has been at the number two position in amassing profit. It climbed over 900 per cent to Rs 1652.50 from Rs 163.15 in a time span of five years.
Gujarat Ambuja Exports: Gujarat Ambuja Exports is India’s one of the leading manufacturers of starch derivatives, soya derivatives and cotton yarn. it has six solvent extraction plants in various parts of India with a combined crushing capacity of 4500 MTS per day, edible oil refineries and plants for manufacturing hydrogenated vegetable oil, lecithin, bakery shortening as well as wheat milling division.
The company is third among the top gainers in Gujarat in five years with a rise of around 620 per cent.
Gujarat Narmada Valley: Gujarat Narmada Valley Fertilisers & Chemicals (GNFC) is a manufacturer of fertilizers and Chemicals. Founded in 1976, it has projected growth of 467 per cent from December 14, 2012 till December 15, 2017.
The company was jointly promoted by the Government of Gujarat and the Gujarat State Fertilizer Company Limited (GSFC).
Gujarat Craft Industries: GCIL is a leading manufacturer and exporter of coated woven products. The company manufactures a host of environmentally friendly products like PE Tarpaulin, Plastic Sheeting, PP/PE Woven Scrim, Woven Sacks, Hdpe Flexible Woven Pipe, Flexible Intermediate Bulk Containers (FIBC) / Bulk bags, Geomembranes and Vermi compost beds.
GCIL has two vertically integrated plant in Gujarat and has witnessed a growth of 408 per cent in five years.
Disclaimer: This story is for informational purpose and is not meant to be taken as an investment advise. Please consult with your financial advisor for the same.
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 "As BJP heads for win, here are 5 Gujarat-based stocks you should consider")
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