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Multibagger Stock List 2023: There are many such companies in the Share Market, which have made their investors rich. Today we are going to tell you about one such stock, which has given unmatched returns to its buyers during the last 10 years. Funny that this stock belongs to the Tata group.
Tata’s company does this work
We are talking about the shares of Tata Elxsi. This company provides design and technology related services to many industries. It is sometimes called the next Titan of the Tata group. Its customers include many renowned companies in sectors like Automotive, Media, Telecom, Healthcare, Transportation.
This is how the company has given returns
The share price of this company (Tata Elxsi Share Price) has risen 5,879 percent in the last 10 years. This means that if an investor had invested only Rs 10,000 in this Tata share 10 years ago, the value of his holding would have increased to Rs 6 lakh today. Its stock has gone up by 513 per cent in the last five years and 907 per cent in the last three years.
Preferred Stock of Retail Investors
Talking about the Tata Elxsi Shareholding Pattern of the company, the maximum stake in it is public. According to the stock market data, the public shareholding in Tata Elxsi is 56.08 per cent. After this comes the number of promoters with 43.92 per cent stake. In this, mutual funds have only 1.85 per cent shares. This company is very popular among retail investors. This can be gauged from the fact that 32 percent of the company’s shares are held by retail investors.
Now this is the price of a share
Presently this company is a part of BSE 100. This means that it is one of the 100 largest companies listed on BSE. The current market capitalization (Tata Elxsi MCap) of the company is Rs 48,678.07 crore. On Friday, June 9, its stock fell 0.38 percent to close at Rs 7,816.45 on the BSE. Its 52-week high is Rs 10,760.40, while its 52-week low is Rs 5,708.10.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)
read this also: The Chief Economic Advisor is sure that the growth rate can be more than 7.2 percent.
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