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New Delhi. These days, the stock market is very much liked by the investors, because the investors are getting good profits from the market. Provided that if the company’s infrastructure is strong and investors have invested for a long period, then they are getting great returns. There is one such stock of Tata Group which has given bumper returns to patient investors. We are talking about Tata Elxsi, a Tata group company. The share of Tata Elxsi increased from Rs.104.68 to Rs.4917 in 10 years. During this period, the shares of Tata Elxsi have given 47 times returns.
Tata Elxsi Share Price History
The share of Tata Elxsi has proved to be the multibagger share of 2021. Shares of Tata Elxsi have given 163 per cent returns so far this year. At the beginning of the year 2021, the share price of Tata Elxsi was Rs 1884.95, which has increased to Rs 4917 today. If we look at the account of the last 6 months, it has increased from Rs 2670.30 to Rs 4917.
Shares of Tata Elxsi have given a return of 300 per cent in the last one year. Its share price was Rs 1239.60 a year ago, which has reached Rs 4917 today. If we look at the 10 year account, then the share of Tata Elxsi was trading at Rs 104.68 in 2011 and it is at Rs 4,917.
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Tremendous returns given to investors in 6 months
If you had invested 1 lakh rupees in Tata Elxsi 6 months ago, then today your investment would have become 1.85 lakh rupees. Similarly, if you had invested 1 lakh rupees in it 5 years ago, then today your investment would have been 4 lakh rupees and if you had invested 1 lakh rupees 10 years ago, then today you would have 47 lakh rupees.
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What should investors do next?
Mudit Goyal, Senior Research Analyst, SMC Global Securities has advised to invest in PaisaShares every fall. He has said that buy at the level of Rs 4880 and its target is Rs 5120. While its stoploss must be placed at Rs 4800.
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