Multibagger inventory: After climbing to 52-week excessive of ₹9420 per share on NSE in March 2022, Tata Elxsi shares have been below base constructing mode. Nevertheless, regardless of steady sell-off strain for final two and half months, this multibagger inventory has delivered round 40 per cent return to its shareholders. Nevertheless, this Tata group inventory has a historical past of giving staggering return to its shareholders. In final 10 years, this IT inventory has surged from ₹104.33 to ₹8160 apiece ranges, ascending round 7750 per cent return or CAGR (compound common progress return) of round 55 per cent to its shareholders on this interval.
Tata Elxsi share worth historical past
In YTD time, this multibagger inventory has surged from round ₹5890 to ₹8160 ranges, logging close to 40 per cent rise on this interval. In final one yr, Tata Elxsi share worth has surged from ₹3775 to ₹8160 ranges, ascending to the tune of close to 115 per cent on this interval. In final 5 years, this flagship Tata group inventory has ascended from round ₹775 to ₹8160 ranges, logging 955 per cent rise or CAGR of over 60 per cent over 5 years.
Equally, in final 10 years, this multibagger inventory has appreciated from round ₹104 to ₹8160 ranges, clocking 7750 per cent rise or CAGR of round 55 per cent over 10 years.
Multibagger inventory: ₹1 lakh turns to ₹78.50 lakh in 10 years
Taking cue from Tata Elxsi share worth historical past, if an investor had invested ₹1 lakh on this inventory one yr in the past, its ₹1 lakh would have turned to ₹2.15 lakh at this time. If an investor had invested ₹1 lakh on this inventory 5 years in the past, its ₹1 lakh would have turned to ₹10.55 lakh at this time.
Equally, if an investor had invested ₹1 lakh on this multibagger inventory 10 years in the past, its ₹1 lakh would have turned to ₹78.50 lakh at this time proved the investor had remained invested within the inventory all through this era.
Supply: Live Mint