Tata’s Multi bagger stock; 1 lakh to 13 crores

Shares of Tata group companies are showing good growth at present. Tata Group Listed Companies have given good returns in the last few years.

The share price of Tata Elxsi, a company in the Tata group, has seen a huge increase in the last two and a half years. Share price of Tata Elxsi was Rs 640 in April 2020. Now the price per share is Rs 8840. The stock has returned almost 1300 percent to its shareholders in a period of almost two and a half years.

This IT stock has given tremendous returns to the shareholders over the long term. In September 1995, Tata Elxsi’s share price was Rs 13.50. Currently it is priced at Rs 8840. This means that over the last 27 years, Tata Elxsi shares have given investors a return of 65,380 percent. Bonus share is also involved in this. This multibagger IT share has given bonus share in the ratio of 1:1 in September 2017. Hence, long term investors have benefited greatly.

Tata Elxsi

In the last one month, the share price of this multibagger stock of Tata group is showing decline. In the last one month, the price of this share has seen a decline of almost 10 percent. Therefore, this share, which was trading at Rs 9,860, has fallen to the level of Rs 8,840. In the last six months, Tata Elxsi’s share price has gone from Rs 7600 to Rs 8840 per share. During this period, a boom of 16 percent was observed.

50 Percent Return in one year :-

Tata Elxsi’s share price has gone from around Rs 5850 to Rs 8840 in the last one year. Therefore, the shareholders have got a return of almost 50 percent. In the last five years, the share of Tata Elxsi has reached the level of Rs 8840 from around Rs 815. A return of almost 1000 percent has been achieved.

Understand Mutual Funds :-

According to the share price History of Tata Elxsi, an investor who had invested Rs 1 lakh in this stock 27 years ago and held the shares till now would have become a millionaire investing Rs 1 lakh. Had he invested Rs 1 lakh in this stock 27 years ago at Rs 13.50, he would have got 7407 shares. The company had issued shares in the ratio of 1:1 in September 2017. So total shares would have been 14,814. In this way, the price of this share would have been Rs 13.09 crore.

(Disclaimer: This news is for information only. It is not a recommendation to buy or sell shares. Investing in share market is risky. Before investing in share market consult financial advisors. ABP is not responsible for your profit or loss in share market)

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