After Covid, the share worth of Tata Alexi has elevated from about Rs 640 to Rs 8,840 per stage (from April 2020 until now), which has given a return of about 1300 % to its shareholders in these two and a half years.
IT Stock has given higher returns to its traders, as Tata Alexi inventory has been on an upward trajectory after the primary wave of Covid-19 sell-offs. After COVID, the share worth of Tata Alexi has elevated from about Rs 640 to Rs 8,840 per stage (from April 2020 until now), giving a return of about 1300 % to its shareholders in these two and a half years. It is without doubt one of the multibagger shares that the Indian inventory market has produced within the post-Covid rebound. However, this IT inventory additionally has a historical past of giving nice returns to its shareholders. Since September 1995 until date, this inventory of Tata group has elevated from about Rs 13.50 to Rs 8,840 per stage, reaching near 65,380 per cent return in these 27 years.
History of Tata Alexi Share Price
Let us inform that within the final one month, this multibagger IT inventory has gone via the bottom constructing part and has slipped from round Rs 9,860 to Rs 8,840 stage with a fall of about 10 per cent on this interval. In the final six months, this share of the Tata group has elevated from about Rs 7,600 to Rs 8,840 per share stage, registering a development of about 16 % right now. In year-on-year (YTD) time, this IT inventory has risen from round Rs 5,900 to Rs 8,840 ranges, up over 50 per cent in the identical interval.
At the identical time, the share worth of Tata Alexi has risen from about Rs 5,850 to Rs 8,840 within the final one 12 months, giving about 50 % return to its shareholders. The shares of Tata Elxsi have risen from round Rs 815 to Rs 8,840 within the final 5 years, registering a return of round 1,000 per cent on this interval. Similarly within the final 27 years this multibagger IT inventory has grown from a stage of round Rs 13.50 to Rs 8,840 per share, thereby including about 655 instances to shareholders’ cash.
impact on traders’ cash
Taking cues from the share worth historical past of Tata Alexi, if an investor had invested Rs 1 lakh on this inventory 27 years again and had invested on this multibagger IT inventory throughout this era, he may have change into a millionaire. Had the investor invested Rs 1 lakh on this counter 27 years in the past, he would have purchased one share of Tata Alexi at 13.50, he would have gotten 7,407 shares of the corporate. As the corporate had given 1:1 bonus shares in September 2017, its shareholding would have elevated to 14,814 (7,407 x 2), because the Tata group firm provided one bonus share for every share held by the investor.
One lakh rupees turned into 13 crores
The share worth of Tata Elxsi is 8,840 at this time. If an investor had invested Rs 1 lakh on this multibagger inventory 27 years in the past, his lakh would have change into 13.09 crore at this time (8,840 x 14,814), offered the investor had been invested on this inventory throughout this era.
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