Stock of Tata Group gave a strong return of 1800%

This stock of Tata Group gave a strong return of 1800%, the price of one share can reach Rs 17000 in 6 months

The share of Tata Group company Tata Elxsi has seen a jump of 1,800 percent since the low level of covid 2020. However, if experts are to be believed, then the trend of bullishness in this stock is not going to stop yet and in the coming time it may see more momentum. The market capitalisation of this stock has crossed Rs 59,000 crore in today's time. 

Tremendous recovery since March 2020

On March 25, 2020, the price of this stock broke down to a low of Rs 501. However, after a few days there was a jump in this stock and on August 10, 2022, the stock closed at the level of Rs 9,459. This shows a jump of 1,800 per cent in this stock as compared to March 2020. Not only this, this stock has doubled the money of its investors in the last one year and at one point this stock had reached a record high of Rs 9,704. On August 10, 2021, the price of this stock was at Rs 4,238 and on August 10, 2022, its price had risen to the level of Rs 9,459.This shows that the stock has gained 120 per cent in the last one year.

 19 lakh from 1 lakh

If we look at the trend of this stock, then it is seen that since March 2020 till now, there has been a jump of 1788 percent in this stock. In this way, if a person would have invested one lakh rupees in this stock in March of 2020 and would have maintained his holding till now, then the value of his investment would have increased to Rs 18.88 lakh at this time. Similarly, a year ago, if someone had invested Rs 1 lakh in a share, then the value of his investment would have increased to Rs 2.20 lakh.

Still have chance to earn 

Experts say that investors who have not yet been able to profit from the rise in this stock of Tata Group, they can make a lot of money from this stock in the next six months. According to experts, in the next six months, this stock can reach the level of Rs 11 thousand to Rs 17 thousand. In this way, there are possibilities of doubling investor's money in this stock in the next six months.