Tata Group’s two companies gave upto 300 percent return in one year
After the setback at the beginning of the Corona epidemic, there has been a boom in the domestic stock markets for the last one year. New investors are coming in the market. Both companies and investors are benefiting from this. As the market cap of companies is increasing, the value of investors’ investments is increasing. Today we are going to tell you about two such companies of Tata Group, whose investment value of investors has increased up to three times in 1 year.
Tata Elxi gave returns of up to 340% in 1 year: Tata Group’s company Tata Elxi has given returns of up to 340 per cent to investors in the last one year. That is, in the last one year, the value of investors’ investments has increased by up to three times. The share price of Tata Elxi as on 7 August 2020 was Rs 978.45 per unit. On Monday, August 9, the stock touched a high of Rs 4337.95 per unit. After trading for the day, it closed at Rs 4267.15 per unit with a gain of 0.92 per cent.
Returns up to 136% this year: If we talk about this year, then Tata Elxi has given returns of up to 136 percent to the investors. The shares of Elexi closed at Rs 1832.85 per unit on 31 December 2020. After that it is continuously increasing. On Monday 8 August, it opened at Rs 4280 per unit and reached Rs 4337.95 per unit during intra-day. Tata Elxi is the world’s leading provider of design and technology services in the product engineering and solutions segment.
Tata Chemicals gave returns of up to 210 percent in 10 months: Shares of Tata Chemicals Limited, the second company of the Tata Group, have also performed well. In the last 10 months, the company has given returns of up to 213% to its investors. On September 22 last year, the company’s stock had hit a low of Rs 273.55 per unit. After this, there is a steady recovery in the shares of Tata Chemicals. On Monday, August 9, 2021, the share of Tata Chemicals reached a high of Rs 857.45 per unit in intra-day. After trading for the day, it has closed at Rs 2.69 per unit.
New record high of 52 weeks: Due to the rise in shares, the stock of Tata Chemicals has also set a new record of 52-week high of Rs 857.45 per unit on 9 August 2021. If we talk about this year, Tata Chemicals has given a return of up to 79 percent in 2021. Shares of Tata Chemicals closed at Rs 477.25 per unit on 31 December 2020. Today the company’s stock has set a new record of 52 weeks.
Tata Chemicals does this business: According to the information available on the company’s website, Tata Chemicals is engaged in the business of chemical products related to agriculture, soda, salt. The company also manufactures a number of products related to industrial use.
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