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Empower India Shares Rise 1,180% Over Four Years
Empower India is a company whose shares are traded on the BSE.
The article says one share cost ₹0.15 in November 2022 and was quoted at ₹1.92 on the day it reported.
That would be a very large increase over about four years.
The price also rose to ₹1.93 during that day, reaching its upper trading limit.
But the stock had fallen over the previous month and year, according to the article.
Its reported returns differed across time periods.
The article also gives an investment example whose one-month calculation does not match the stated return.
Share prices can rise or fall, so past gains do not guarantee future results.
Empower India shares closed at ₹0.15 on the BSE on November 7, 2022, and were quoted at ₹1.92 in the article.
The article says the share price gained 1,180% over roughly four years.
The stock opened at ₹1.85 and reached ₹1.93, its 5% upper-circuit limit, before trading at ₹1.92.
Reported returns were 55% over six months, 11.50% year to date, and negative 8.50% over one month and 13.50% over one year.
At 1:30 p.m. Friday, trading volume was 39.92 lakh shares; the stated 52-week range was ₹1.03 to ₹2.83.
- Who
- Empower India Ltd and its shareholders.
- What
- The article reports that its shares rose 1,180% over roughly four years and describes recent trading.
- Where
- On the BSE in India.
- When
- The comparison begins on November 7, 2022; the current trading day is identified only as Friday.
- Why
- The article attributes the four-year return to the share price rising from ₹0.15 to ₹1.92; it does not give a specific cause for that rise.
Key facts
- Share price on November 7, 2022
- ₹0.15 per share
- Price quoted in article
- ₹1.92 per share
- Reported four-year return
- 1,180%
- Intraday high
- ₹1.93, described as the 5% upper-circuit limit
- Six-month return
- 55%
- One-month and one-year returns
- Negative 8.50% and negative 13.50%, respectively
- 52-week range and Friday volume
- ₹1.03–₹2.83; 39.92 lakh shares traded by 1:30 p.m.
- Investment example discrepancy
- The article says a ₹1 lakh investment would become ₹91.50 lakh after a one-month return of negative 8.50%; those figures do not align.
Sources
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