Multibagger Stock: Those who invested ₹ 1 lakh in this Tata Group company became a millionaire today, shares rose from ₹ 4 to 2,500 – those who invested one lakh rupees in titan company got returns of more than 12 crores
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This company of Ratan Tata made rich
The shares of Ratan Tata’s Titan company have given excellent returns to the investors. Titan’s shares were close to Rs 4 on January 1, 1999. Last Friday, Titan shares closed at Rs 2500. In such a situation, in the last 23 years, Titan’s stock has given a return of more than 57 thousand percent to the investors. Talking about the last 10 years, the share price was Rs 210 on June 4, 2012, now the share has become Rs 2500. During this period, this stock has given more than one thousand percent return to the investors. In the last five years, the share price used to be Rs.432. Accordingly, it has given a bumper return of more than 1500 to the investors.
This is how investors became millionaires
Looking at the price pattern of Titan’s share, if an investor had invested Rs 1 lakh in 1999 when the stock was close to Rs 4, it would have grown to around Rs 12 crore today. Those who invested Rs 1 lakh in this stock 10 years ago would have got a return of more than 11 lakh today. Talking about the last five years, those who invested Rs 1 lakh in it would have got a return of more than Rs 5 lakh. On the other hand, if an investor had invested Rs 1 lakh in the stock a year back, today he would have got a return of more than Rs 1.5 lakh.
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