Tata Elxsi: In the stock market, even after or during Covid, some stocks have given great returns to the investors, but there are some stocks which have earned a lot of money on the investment of a little more time i.e. about 10 years. There is one such share of Tata Group company, which has won a lot of investors. This stock has increased the amount 63 times in 10 years. This means that if an investor has invested Rs 1 lakh in this stock for 10 years till now, then he will get Rs 63 lakh at the present time.
This Tata group company’s share belongs to Tata Elxsi share. These stocks are one of the rare IT stocks, which have given strong returns in the stock market after the Russo-Ukraine war crisis. It is one of the multibagger stocks produced by the Indian stock market over the years. The share price of Tata Elxsi has increased from about Rs 5895 to the level of Rs 7710. It has given around 30 per cent returns in 2022.
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The stock of Tata Elxsi has a history of delivering great returns to its investors. The share price of Tata Alexi has risen from a level of around Rs 62.10 to a level of Rs 7710 in the last 20 years, taking the CAGR (Compound Annual Growth Rate) to almost 27 percent in these two decades.
Tata Elxsi Stock History
Shares of Tata Elxsi have fallen nearly 8 per cent in a month. At the same time, this multibagger stock has increased by more than 30 percent in YTD time. In the last six months, the share price of Tata Elxsi has risen by Rs 6312 to the level of 7710, having jumped almost 20 percent in this period. In the last one year, the stock has risen from around Rs 4370 to Rs 7710, registering a growth of about 75 percent in this period. Whereas in the last 5 years, the share price of Tata Elxsi was 855, which has given a return of 800 percent during this period.
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On the other hand, in the last 10 years, this multibagger stock has increased from about Rs 122 to Rs 7710, which has increased by more than 6200 percent and has given 51 percent CAGR during this time. Similarly, in the last 20 years, Tata Elxsi shares have given a return of around 12,300 per cent and a CAGR of 27 per cent.
How much did you earn?
Calculating on the share price history, if an investor had invested Rs 1 lakh in this multibagger stock 10 years ago, he would have got 63 times the amount i.e. Rs 63 lakh today. Similarly, if an investor had invested 1 lakh in this stock 20 years ago, he would have got about Rs 1.25 crore.