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

02 Apr , 2022 By : Kanchan Joshi

Multibagger penny stock: In first quarter of 2022, Indian secondary market has delivered 90 multibagger stocks. However, there are good number of stock in Indian stock market that have been giving stellar return to its shareholders for years. This list of multibagger stocks include some penny stocks as well. Tata Teleservices (Maharashtra) Limited or TTML shares are one of them.

In last two years, TTML share price has appreciated from Rs2 to Rs175 apiece levels on NSE, appreciating around 87.50 times or 8650 per cent.

TTML share price history

In last one month, this multibagger share's price has ascended from around Rs113 to Rs175 levels, logging near 55 per cent rise in this period. In last 6 months, this multibagger penny stock has surged from around Rs39 to Rs175 levels, ascending to the tune of 350 per cent. In last one year, this Tata group telecom company stock price has shot up from Rs13.45 to Rs175 apiece levels, logging near 1200 per cent rise in this period.

Similarly, in last two years, this multibagger penny stock has ascended from Rs2 (close price on 9th April on NSE) to Rs175, logging 8650 per cent rise in this period.

Rs1 lakh turns to Rs87.50 lakh in 2 years

TTML share price history, if an investor had invested Rs1 lakh in this multibagger penny stock, its Rs1 lakh would have turned to Rs1.55 lakh today. If an investor had invested Rs1 lakh in this multibagger stock 6 months ago, its Rs1 lakh would have turned to Rs4.50 lakh today. Likewise, if an investor had invested Rs1 lakh in this stock one year ago, its Rs1 lakh would have turned to Rs13 lakh today.

Similarly, if an investor had invested Rs1 lakh in this multibagger stock 2 years ago, its Rs1 lakh would have turned to Rs87.50 lakh today, provided the investor had remained invested in the scrip throughout this period.

Current market capital of TTML shares is Rs34,211 crore, Its current trade volume is 6,69,473, which is much lower to its 20 days average volume of 28,77,892. 52-week high of TTML share price is Rs290.15 on NSE, which is its life-time high as well.