A company of Tata Group has given tremendous returns. This company is Tata Power. The shares of Tata Power have given tremendous returns in the last 2 years only. During this period, the company’s shares have reached Rs 230 from the level of Rs 29. Shares of Tata Power have given almost 8 times returns in the last 2 years. The 52-week high of the company’s shares is Rs 89.95. At the same time, the 52-week high level of the company’s shares is Rs 269.70.
Rs 1 lakh became Rs 8 lakh in just 2 years
The shares of Tata Power were at a level of Rs 28.25 on the Bombay Stock Exchange on 8 May 2020. The company’s shares are at a level of Rs 230.20 on 16 March 2022. The shares of the company have given strong returns in less than 2 years. If a person had invested Rs 1 lakh in the shares of the company on 8 May 2020 and had retained his investment, then at present this money would have been Rs 8.14 lakh. That is, the investor who invested the money would have made a profit of Rs 7 lakh in less than 2 years.
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Shares gave returns of more than 2,000%
The shares of Tata Power were at a level of Rs 9.19 on the Bombay Stock Exchange (BSE) on 4 October 2002. The shares of Tata Power are at a level of Rs 230.20 on BSE on 16 March 2022. The company’s shares have given returns of more than 2,000 per cent to investors during this period. If a person had invested Rs 1 lakh in the shares of the company on October 4, 2002 and had retained his investment, then at present this money would have been close to Rs 25.04 lakh. That is, there would have been a direct profit of Rs 24 lakh on the investment. The market cap of Tata Power is around Rs 73,580 crore.
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