This stock priced less than Rs 3 gave 65 times return to investors, became 1 lakh in one year, Rs 65 lakh
This multibagger penny stock has risen from around Rs 162 to Rs 178.30 in the last one week, a gain of almost 10 per cent in the period.
Shares up 66 percent in one month
Despite the world battling the Kovid-19 epidemic, the Indian stock market climbed to a record high in the year 2021 by giving a good number of multibagger stocks. Interestingly, this rally in the stock market was participatory as the list of multibagger stocks in India also includes some penny stocks. The share of Tata Teleservices of the Tata group is one such multibagger penny stock that has soared from Rs 2.75 to Rs 178.30 per share level, which has grown almost 65 times in a span of almost a year.
Tata Teleservices Company provides services of Voice, Data and Managed Services. This company provides its services in the name of Tata Tele Business Services (TTBS). Tata Tele Business Services recently launched the country’s first smart internet lease line for business. Through this, the facility of high speed internet network is being provided at very low cost. Its biggest feature is cloud based security so that data can be kept safe. Businesses that are running on a digital basis will get a lot of help from this lease line.
Shares up 66 percent in one month
This multibagger penny stock has risen from around Rs 162 to Rs 178.30 in the last one week, a gain of almost 10 per cent in the period. In the last one month, the share price of Tata Teleservices has risen from Rs 107.20 to Rs 178.30, registering a rise of nearly 66 per cent in the period.
Similarly, the share of Tata Teleservices rose from Rs 40.50 to Rs 178.30 in the last 6 months, a growth of nearly 340 per cent in the same period. Similarly, in the last one year, this multibagger stock has risen from Rs 7.85 to Rs 178.30 per share level, registering a growth of around 2,200 per cent during this period.
However, if we look at the price of this Multibagger stock on 16 October 2020, then this stock has increased from Rs 2.75 to Rs 178.30 level. There has been an increase of about 6,400 percent in this one year period.
impact on investment
If an investor had invested 1 lakh in this multibagger penny stock a week ago, his 1 lakh would have become Rs 1.10 lakh today. If an investor had invested 1 lakh in this penny stock a month ago, his 1 lakh would have become Rs 1.66 lakh today.
Similarly, if an investor had invested 1 lakh in Tata Teleservices shares 6 months ago, his 1 lakh would have become Rs 4.40 lakh today. If an investor had invested one lakh in this penny stock exactly one year ago and remained in it till today, then his one lakh would have become Rs 23 lakh today.
However, if an investor had invested one lakh in this multibagger penny stock on 16 October 2020 at a price of Rs 2.75, then his one lakh would have become Rs 65 lakh today.
