Wednesday, November 30, 2022

Multibagger Stock: Tata shares of Rs 2 50 gave more than 50 times returns in two…

Investing in multibagger stocks can be risky. Since Kovid, multibagger shares of many such companies have come to the fore, due to which investors have made huge gains. During the year 2022 itself, there are many such stocks, in which people who have invested have got huge returns. One such multibagger stock is Tata’s, which has given investors more than 50 times returns in just two years.

Tata Teleservices (Maharashtra) Limited or TTML share was at Rs 2.50 level two years ago, but in today’s time it has reached level of Rs 126. This multibagger stock has registered a growth of about 4900 percent during this period.

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TTML share history
The Tata group stock has fallen from around Rs 195 to as low as Rs 126 per share in the past one month, a fall of nearly 35 per cent in the period. On the other hand, year-on-year, TTML share price has come down from around Rs 215 to Rs 126, a decline of about 45 per cent in the period. However, this multibagger penny stock has given nearly 80 percent rise in the last 6 months. Similarly, in the last one year, the stock of TTML has registered an increase of 850 percent. Similarly, TTML share has grown 50 times with returns of around 4900 per cent in a span of almost two years.

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50 thousand rupees became the amount of 25 lakhs
If an investor had invested Rs 1 lakh in this multibagger stock a month ago, his amount of Rs 1 lakh would have fallen by Rs 65,000 today. If he had invested 1 lakh in this multibagger penny stock 6 months ago, he would have got Rs 1.80 lakh today. On the other hand, if an investor had invested Rs 1 lakh in this share of Tata group a year ago, then his 1 lakh would have become 9.50 lakh today. Similarly, if an investor had invested 50 thousand rupees in this penny stock two years ago, he would have got 25 lakh rupees in today’s time.

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Current status of the company’s stock
The current market volume of TTML shares is 28,80,468 while its last 20 days average trading volume is 73,59,316. The current market capitalization of TTML shares is Rs 23,947 crore as against its 52-week low of Rs 12.30 per share.

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