A Tata group company has given tremendous returns to the investors. This company is Tata Elxsi. Shares of Tata Alexi recently touched their new all-time high of Rs 9,420 on the National Stock Exchange (NSE). Shares of Tata Alexi was one of the multibagger stocks of the year 2021. Besides, the shares of the company have given returns of more than 220 per cent to the investors in the last one year.
Shares of Tata Alexi jump more than 208 times
The shares of Tata Elxsi were at the level of Rs 42.48 on the National Stock Exchange on 2 April 2009. The company’s shares are trading at a level of Rs 8940.15 on the NSE on 1 April 2002. The company’s shares have jumped 208 times in the last 13 years. Shares of Tata Alexi have given investors over 20,700 per cent returns during this period. The 52-week low level of the company’s shares is Rs 2705.
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More than Rs 2.08 crore made for 1 lakh
If a person had invested Rs 1 lakh in the shares of Tata Alexi 13 years ago and had allowed his investment to continue, then at present this money would have been more than 2.08 crores. Similarly, if a person had invested Rs 1 lakh in this multibagger stock of Tata Group 10 years ago, then as on date this money would have been Rs 88.50 lakh. At the same time, if a person had invested Rs 1 lakh in the shares of the company 5 years ago, then today its value would have been more than Rs 11 lakh. Tata Alexi’s current market cap is around Rs 55,000 crore and its dividend yield is 0.54.
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