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Tata Group and Tata Elxsi stock delivered 14000 percent return in 13 trading sessions

By Lokmat English Desk | Published: May 23, 2022 2:06 PM

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The TATA Group is currently performing vigorously in a number of areas. The stock market is also witnessing a record-breaking performance by various Tata companies. As a result, investors are becoming richer. Investors' confidence in Tata is growing.
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Shares of a TATA Group company have now picked up rocket speed, giving investors huge returns. The name of this company in the Tata group is Tata Alexi. (Tata Elxsi) has recently announced its quarterly results.
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On an annual basis, Tata Elxsi's revenue grew by 31.5 percent to Rs 681.7 crore. The company's operating margin stood at 32.5 percent. The company's largest segment, embedded product design, grew 7.5 percent on a quarterly basis.
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The industrial design and visualization segment grew by 8 percent over the previous quarter. Shares of Tata Alexy have returned more than 157 percent in one year. Shares of Tata Elxsi were trading at Rs 10.63 on April 5, 1996.
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Tata Elxsi stock was trading at Rs 59.20 per share on BSE on May 8, 2009. On May 20, 2022, the stock traded at Rs 8,408.55 on the Bombay Stock Exchange. Shares of the company have returned about 14,102.7% during the period. So, 1,137.19% return in the last five years.
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According to Tata Elxsi share price chart pattern, if an investor had invested Rs 1 lakh in this stock 13 years ago at a rate of 59.20 per share and maintained his investment till today, the amount would have increased to Rs 1.42 crore today.
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On the other hand, if one had invested Rs 1 lakh in the stock five years ago, he would have earned Rs 12.37 lakh today. On the other hand, in the last year, the stock may have earned Rs 2.35 lakh for an investment of Rs 1 lakh.
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Tata Elxsi is a leading technology company engaged in design-led technology services in various fields such as transportation, media, transportation, and healthcare as well as medical devices.
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Investors can also become millionaires by investing money in the stock market.
Tags: Tata GroupTata elxsi
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