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Home Business

This stock of Tata made a splash, the stock gave a return of 700% in two years

by Sarvesh Sinha
19/05/2022
in Business
Reading Time: 1 min read
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The Indian stock market had become a victim of sell-off due to the Corona epidemic. But as soon as the corona was controlled, the conditions started getting better. During this period, many stocks have given strong profits. Tata Power is one of them. At the time of Post COVID, the share price of Tata Power increased from Rs 30 to Rs 237.50 in this period. The stock has given great returns even in a sell-off environment due to the Russia-Ukraine war.

Also read: Gautam Adani will now try his hand in the healthcare sector, will do business through this company

What has been the history of Tata Power stock?

Tata Power reached an all-time high in 52 weeks on 6 April 2022. Then the share price of the company was Rs 298.05 per share. That is, during the last one and a half months, this stock has come down by 20%. So far this year, the share price of this company has increased by 6.50%. At the same time, if we talk about the last 6 months, only 4.50% return has been given from this stock. But if we go back a year, the share price of the company has increased from Rs 104 to Rs 237.50. That is, a jump of about 130% has been seen.

The share price of Tata Power as on 3 April 2020 in NSE was Rs 30. But after the passage of two years, the share price of the company increased to the level of Rs 237.50. That is, during this period, the share price of Tata Power has seen a jump of 700%. Anyone who would have bet on this company two years ago would be rich today.

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