Activity :

Collect information from newspapers about the raise and fall of share value of certain organizations. Also find out why the share value falls in certain cases.

• Infosys Ltd.

BSE & NSE rate:

o Date June 18, 2019

 BSE rate: 750.65

 NSE rate: 750.15

o Date June 17, 2019

 BSE rate: 740.40

 NSE rate: 740.55

o Date June 05, 2019

 BSE rate: 734.70

 NSE rate: 735.30

The possible reason for the increase in rate:

o Infosys has recently recognized as the winner for “2019 Microsoft Global Alliance SI Partner of the year”

o Recently Infosys was selected by Posti as Key Digital Transformation Technology Partner

o Infosys Collaborates with Microsoft to Accelerate Digital Transformation and Innovation in Smart Buildings & Spaces

The above reasons portray the company’s strength in the market and strong growth in this future profit making. Knowing these strong signs of the growth, people start to buy more shares of the company and due to that, the stock rate keeps raising as per the demand.

• Tata Steel

BSE & NSE rate:

o Date June 18,2019

 BSE rate: 472.75

 NSE rate: 472.30

o Date June 17,2019

 BSE rate: 473.05

 NSE rate: 473.10

o Date June 14,2019

 BSE rate: 501.45

 NSE rate: 501. 80

The possible reason for the decrease in rate:

o The US has imposed 25% tariff on steel import and whereas the US is the largest importer of steel from India.

o Tata made the highest bid for Bhushan steel which is a sick company already and this would increase the debt of the company at a higher level.

o The failure of the joint venture between ThyssenKrupp company in Europe created an unease situation between Tata and EU.

The above reasons contribute to the factors for the fall in share rate in the stock market.