Similarly, in the last 13 years, this multibagger stock of Tata Group has increased from ₹ 42.48 to ₹ 8,850 and this time the stock has given 208 times return to its investors.
Multibagger stock:Shares of Tata Elxsi recently touched an all-time high of Rs 9,420 on the NSE. The Tata Group stock is one of the 2021 Multibagger stocks. In the last one year, it has given its shareholders a return of about 220 percent.
If you look at the share price history of Tata Elxsi, it is clear that this software company has a track record of giving excellent returns to its shareholders. In the last 13 years, this multibagger stock has risen from ₹ 42.48 to ₹ 8,850. It showed an increase of about 20,700 percent during this period.
Tata Elxsi share price history
In the last 1 month, the share price of Tata Elxsi has risen from ₹ 6,565 to ₹ 8850. The stock has risen about 35 percent in one month. This share of Tata Group could prove to be the 2022 Multibagger stock. So far in 2022, this stock has returned 50 percent.
In the last 6 months, the stock has risen from Rs 5,780 to Rs 8,850. The stock has returned about 53 percent in six months. At the same time, the stock has returned about 220 percent over the past year. Where in the last 5 years this stock has increased by almost one thousand percent. On the other hand, in the last 10 years, this multibagger stock has increased from ₹ 100 to ₹ 8,850 and this stock has given 88.50 times return to its investors in the last 10 years.
Similarly, in the last 13 years, this multibagger stock of Tata Group has increased from ₹ 42.48 to ₹ 8,850 and this time the stock has given 208 times return to its investors.
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This boom has had an impact on investment
If an investor had invested Rs 1 lakh in this stock 1 month ago, he would have got Rs 1.35 lakh today. On the other hand, if one had invested Rs 1 lakh in this stock 6 months ago, he would get Rs 1.53 lakh today. Similarly, if an investor had invested Rs 1 lakh in this stock 1 year ago, he would have got Rs 11 lakh today. On the other hand, if an investor had invested Rs 1 lakh 10 years ago, he would get Rs 88.50 lakh today. Similarly, if an investor had invested Rs 1 lakh in this multibagger stock 13 years ago, he would have earned Rs 2.08 crore today.
Tata Elxsi has a current market cap of Rs 55,000 crore and a dividend yield of Rs 0.54 crore. The stock currently has a trading volume of 20,86,042, well above its 20-day moving average of 7,55,498.