look news india
The stocks we are going to tell you about have almost doubled the investors' money in 1 year. However, the volatility in this stock is so high that anyone would think 10 times before investing in it. We are talking about Future Market Network shares. Today i.e. on Tuesday, this stock fell 2 percent and closed in the lower circuit. Its trend has remained the same for the last one week.
But as soon as you increase its return period from one week to one month, you will see that it has given its investors a profit of more than 65 percent. Also, its return on BSE has been seen to be more than 98 percent in one year. Whereas in 3 years the return is only 40 percent. From this you can guess how fast this stock is fluctuating.
It fell from Rs 190 to Rs 6.
On 8 September 2017, the stock was selling at Rs 193. After about 7 years, on 9 August 2024, this stock fell to around Rs 6. After this, it started gaining momentum again. The upper circuit started in this stock from 14 August. This sequence continued till 6 September. After this, lower circuit started in it and the same slope continues even today.
What does Future Markets Network do?
According to the company's website, it was founded in 2008 as Future Mall Management Limited. In 2010, it was renamed as Agri Developers Limited. In 2012, the name was changed once again and given the current name. It is an infrastructure company that provides real estate and related services. Future Retail Market is a part of it. This company is engaged in the construction and operation of shopping centers. Cosmos Mall in Siliguri, Diamond City North Mall in Kolkata and Cosmos Mall in Ujjain are in its portfolio. Both Future Market and Future Retail are part of the Future Group, founded by Kishore Biyani. Big Bazaar is a brand of Future Retail.