This Tata stock gave a return of 6000%, investors got happy
Tata Alexi made its debut in the stock market on 1 January 1999. Since then, the company's share prices have seen a jump of 19,528 percent. The company's 52-week high is Rs 10,760.Tata Elxsi Limited is also one of the few companies that have given stellar returns to investors over the past decade. During the last 10 years, the company's share price have seen a jump of more than 5000 percent. That is, then whoever has invested in this company and has held it till now, he would have become rich today. Let us know how the company has performed this year.
How did the share price increase year after year?
The price of a share of the company as on 9 November 2012 on NSE was Rs 109.78. Which was closed on Friday (28 October 2022) at the level of Rs 6870. That is, in the last 10 years, the company's share prices have seen a jump of 6157.97 percent. Anyone who would have bet on this company 5 years ago and would have held till now, his return has increased to 700.23 percent. The past one year has also been great for investors. In this difficult period, the share price of the company has increased by 14.99 percent.
Due to the war between Russia and Ukraine, the stock market has seen frequent ups and downs this year. But even in tough situations, Tata Alexi has given better returns. In the year 2022, this stock of Tata has given a return of 16.57 percent to the investors. Ten years ago, an investor who had invested Rs 1 lakh in Tata Elxi would have earned Rs 62.57 lakh on holding till now.
Tata Alexi made its debut in the stock market on 1 January 1999. Since then, the company's share prices have seen a jump of 19,528 percent. The company's 52-week high is Rs 10,760. At the same time, the 52-week low is Rs 5263.