Multibagger penny stock: Tata group share gives 8650% return in 2 years

Multibagger penny stock: During the first quarter of 2022, the Indian secondary market delivered 90 multibagger shares. However, there are a large number of stocks in the Indian stock market that have provided fantastic returns to their shareholders for several years. This list of multibagger stocks also includes some ear shares. Tata Teleservices (Maharashtra) Limited or TTML shares are one of them.

Over the past two years, the TTML stock price has risen from 2 more 175 levels per unit on the NSE, an increase of about 87.50 times or 8650 percent.

TTML stock price history

Over the past month, this multibagger stock has risen from around 113 more 175 levels, felling close to 55 percent increase during this period. Over the past 6 months, this multibagger penny stock has increased from around 39 more 175 levels, rising to 350 percent. Over the past year, the share price of the Tata Group’s telecommunications companies has risen 13.45 till 175 levels each, felling close to 1200 percent increase during this period.

Similarly, over the past two years, this multibagger penny stock has risen from 2 (final price on April 9 on NSE) to 175, with an increase of 8650 percent during this period.

1 lakh turns to 87.50 lakh in 2 years

TTML stock price history, if an investor had invested 1 lakh in this multibagger penny stock, its 1 lakh would have turned to 1.55 lakh today. If an investor had invested 1 lakh in this multibagger warehouse 6 months ago, its 1 lakh would have turned to 4.50 lakh today. Likewise if an investor had invested 1 lakh in this share a year ago, its 1 lakh would have turned to 13 lakh today.

Likewise if an investor had invested 1 lakh in this multibagger warehouse 2 years ago, its 1 lakh would have turned to 87.50 lakh today, provided the investor had remained invested in the fund throughout this period.

Current market capital for TTML shares is 34 211 crore, its current trading volume is 6 69 473, which is much lower than its 20 day average volume of 28 77 892. 52 week high of TTML stock price is 290.15 on the NSE, which is also its highest life expectancy.

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