ratan stock tatas those who invested one lakh in the shares of titan company got full rs 12.35 crore

made investors millionaires

The stock we are talking about is Titan, a Tata Group company. Titan Shares shares are in base building mode since last one year. However, the Tata group stock made some strong upside moves during the July to October 2022 period. But, the volatility in Titan share price may matter for those who had taken positions in the stock for the short term. Long-term investors could not be more bothered by this. This is because the Titan share price has increased from ₹40 to ₹2,470.50 in the last 14 years. Those who bought Titan shares after 2011 could get the added benefit of dividends declared by the company over time, but those who bought shares of this Tata company before 2011 would get a share split of that company and a bonus. There is a benefit of issuing shares.

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In this way 1 lakh became 12 crores

The shares of Titan Company were at the level of Rs 38.20 in Bombay Stock Exchange ie BSE on 20 February 2009. If someone had invested Rs 1 lakh in the shares of Titan Company during this period, he would have got about 2,600 shares. The company has done a stock split in the ratio of 1:1 in June 2011. In this case, the investors would have a total of 52 thousand shares. Titan shares closed at Rs 2468 on February 10, 2023 at BSE. According to this, the value of shares of those who invested Rs 1 lakh in the year 2009 has increased to Rs 12.35 crore now.