Tata’s Jalwa; Due to the share, the investors earned a lot, only 94 rupees became so many thousand
History of shares
Shares have registered a decline of over 31 per cent in the last one year, but in the long run shareholders have become millionaires with an investment of less than Rs 50,000. Meanwhile, once again bullish color is seen on the shares. On January 24, the stock closed at Rs 2,110.55, up nearly 2.5 per cent. Market experts are expecting further increase in this. Domestic brokerage firm HDFC Securities set a target price of Rs 2,450 for the investment, which is 16 percent higher than the current price.
This share of Tata Group will take a big bounce, a huge earning opportunity; The experts say buy it
Become a millionaire by investing Rs
On October 19, 2001, shares of Mphasis were quoted at just Rs 10.29, and are now available at Rs 2110.55, up by Rs 20,411. That means the investment of only 49 thousand rupees in the company has now increased 205 times to one crore rupees. Last year on March 31, 2022, the stock hit a one-year record price of Rs 3,466.40. Subsequently, it fell 45 percent to Rs 1,897.35 by December 19, 2022, the stock’s 52-week record low. However, the stock has now recovered and is available at a 39 percent discount from its one-year high, even though it has recovered 11% so far.
Sudden crisis on Adani Group, 46 thousand crores hit the stock market
What are the experts’ advice?
Looking at the stock’s performance over the past year, the stock has fallen 30%, but has gained 147% over the past five years. Currently the stock has gained more than 10 percent in the last one month and the bullish session continues. Demonstrating confidence in the stock’s performance, domestic brokerage firms are recommending investment and have set a new target price of Rs 2,450.
(Note- consult your market expert before investing in share market.)