• Multibagger penny stock: This Tata group stock has grown from ₹7.55 to ₹100 per share in the last two years, from ₹1 lakh to ₹13 lakh during this time
Multibagger Stocks: Tata Teleservices (Maharashtra) Limited or TTML shares are one of those multibagger stocks which have given tremendous returns to their positional shareholders in the recent years. Even though, after climbing to its all-time high in January 2022, the Tata Group stock remained under selling pressure, yet it is one of the stocks that have given handsome returns to long-term investors. The telecom stock has risen from around ₹2.50 per share level to ₹100 per share level in the last three years, offering 3,900 per cent returns on the horizon at the moment.
ttml share price history
As mentioned above, TTML share price remains under pressure since climbing to its all-time high of ₹290.15 per share in January 2022. In fact, it has become the bears' favorite 'sell on rise' stock to date. In the past six months, this telecom stock from the Tata group has fallen from ₹122 to ₹100 per share, a decline of nearly 20 per cent during the period. However, in year-to-date (YTD) time, this small-cap stock has fallen from around ₹215 to around ₹100 levels, registering a decline of over 50 per cent in this year. It has declined by 20 per cent in the last one year. However, despite losing ground in the last 9 months, the micro-cap stock is one of the best return giving stocks to the long term investor.
In the last two years, TTML share price has increased from ₹7.55 per share to ₹100 per share, registering a growth of almost 1200 per cent in this time horizon. Similarly, in the last three years, this multibagger penny stock has risen from ₹2.50 to ₹100 per share level, registering a growth of nearly 3900 per cent in this time.
impact on investment
Taking a cue from TTML share price history, if an investor had invested ₹1 lakh in this microcap multibagger stock six months ago, that ₹1 lakh would have turned into ₹80,000 today. Had the investor invested ₹1 Lakh in this multibagger penny stock in early 2022, his ₹1 Lakh would have turned into ₹50,000 today. However, if an investor had invested ₹1 lakh in this multibagger penny stock two years ago, his ₹1 lakh would have turned into ₹13 lakh today.
Similarly, if an investor had invested ₹1 lakh in this multibagger penny stock three years ago during the sell-off after the outbreak of the Covid-19 pandemic, his ₹1 lakh would have become Rs 40 lakh today.
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