Best Multibagger Stocks 2023: Many stocks of Tata group have performed amazingly in the market. Even in the recent years, one stock of Tata group is continuously proving to be a multibagger…
The Tata Group is one of the oldest business houses in India. For almost a century, this group has been a major part of the front line of the Indian corporate world. The Tata group has been very popular in the stock market as well. From Tata Motors to Titan, Tata shares have earned investors a lot of money from time to time. In making Rakesh Jhunjhunwala the Big Bull of the domestic market, Tata Group’s share Titan has a big contribution. Tata Group’s stock market has been consistently proving to be a multibagger.
Now this is the price of a share
Tata Power is one of the prominent names among various Tata stocks that have made their investors rich during the last few years. Today in Monday’s trading, its price fell by about 1 percent and it closed at Rs.233.45. Although, according to the last few years, this share of Tata has performed amazingly.
Rs 28 to reach here
According to the last 5 days, this share of Tata Group is in loss of three and a quarter percent. At the same time, its price has increased by about 4 percent during a month. In the last six months, the share price of Tata Power has gained about 13 per cent. Looking at the long term, the whole picture looks different. In the last 3 years, this stock has traveled from around Rs 28 to Rs 235.
This is how I got bullish in the long term
About 3 years ago, in May 2020, the price of one share of Tata Power was just Rs 28.50, which has now reached Rs 233.45. This stock has also crossed the level of Rs 280 at one point of time. In this way, the price of Tata Power has registered a rise of up to 10 times.
