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Business News/ Markets / Stock Markets1.85 to 97: Multibagger penny stock gives 5150% return in 1.5 years
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₹1.85 to ₹97: Multibagger penny stock gives 5150% return in 1.5 years

Multibagger stock: In last six months, this penny stock has risen from ₹13.55 per share levels to ₹97.25 mark, yielding around 600 per cent return to its shareholders

Multibagger stock: In last one year, this multibagger penny stock has surged from ₹7.45 to ₹97.25 levels, registering around 1200 per cent surge in this period.Premium
Multibagger stock: In last one year, this multibagger penny stock has surged from 7.45 to 97.25 levels, registering around 1200 per cent surge in this period.

Multibagger stock: Post-first wave of Covid-19 selloff, a good number of stocks have given multibagger return in last one and half years. In fact, the list of multibagger stocks in 2021 includes some penny stocks too. Tata Teleservices (Maharashtra) Limited is one of such multibagger penny stocks. This multibagger share has surged from 1.85 (close price on 3rd April 2020 on NSE) per share levels to 97.25 (close price on 25th November 2021 on NSE), yielding more than 5150 per cent return to its shareholders in this period.

Tata Teleservices (Maharashtra) Limited share price history

In last five trade sessions, this multibagger penny stock has shot up to the tune of 21.50 per cent, hitting 5 per cent upper circuit on all sessions. In last one month, this telecom penny stock, moved upside from around 53 to 97.25 levels, logging near 85 per cent rise in this period. In last six months, this penny stock has risen from 13.55 per share levels to 97.25 mark, yielding around 600 per cent return to its shareholders. In last one year, this multibagger penny stock has surged from 7.45 to 97.25 levels, registering around 1200 per cent rise in this period.

Likewise in last one and half year, this multibagger stock has risen from 1.85 to 97.25 levels, delivering around 5150 per cent return to its shareholders.

Impact on investment

Taking cue from share price history of this multibagger share, if an investor had invested 1 lakh in this stock one week ago buying one share at 80.05 apiece, its 1 lakh would have turned to 1.21 lakh today. If an investor had invested 1 lakh in this stock one month ago, its 1 lakh would have turned to 1.85 lakh today. Similarly, if an investor had invested 1 lakh in this stock 6 months ago, then its 1 lakh would have become 7 lakh in this multibagger penny stock. If an investor had invested 1 lakh in this penny stock one year ago, and had remained invested in this multibagger stock till date, its 1 lakh would have turned to 13 lakh today.

Likewise, if an investor had invested 1 lakh in this telecom penny stock buying each share at 1.85 apiece, then its 1 lakh would have turned to 52.50 lakh today.

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ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Published: 26 Nov 2021, 09:33 AM IST
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