Those who invested one lakh rupees in tata consultancy services ltd got a return of one crore rupees

This is how investors became millionaires

Investors in the shares of Tata Consultancy Services Ltd have received bonus shares twice so far. Investors have become rich due to bonus shares. Explain that the shares of Tata Consultancy Services (TCS) were at Rs 118.49 on the Bombay Stock Exchange (BSE) on February 20, 2009. If an investor had invested Rs 1 lakh in TCS shares at that time, he would have got around 843 shares. Tata Consultancy Services has issued bonus shares in the ratio of 1:1 in June 2009 and 1:1 in May 2018.

The stock would have gone up to 3372 after the investors got the bonus shares. On April 13, 2023, Tata Group’s TCS shares closed at Rs.3189.85 on BSE. In such a situation, if someone had held the shares for this period, their current value would have been Rs 1.07 crore during this time.

This penny stock gave great bonus to investors, those who invested ₹ 1 lakh got ₹ 15 lakh in 6 months, made them rich

Investors got more than 2500 percent return

Tata Consultancy Services (TCS) has given investors a bumper return of 2500 per cent so far. Talking about the last 10 years, if someone had invested one lakh rupees in it, then at present he would have got a return of more than nine lakhs. At the same time, in the last 6 months, the stock of TCS has seen a gain of more than two percent. However, this stock has also lost 9.53 per cent in the last one year. TCS shares have consistently given excellent returns to the investors.

Explain that TCS has registered a jump of 14.8 percent in net profit in the fourth quarter of the financial year 2022-23. TCS’s profit has been Rs 11,392 crore.