One share of TVS Group, one of the major business groups of the country, has made its investors very rich. This share has given such tremendous returns in the last few years that even those who invested a few thousand rupees have become lakhpatis.
The story of this stock of TVS Group
This is the story of TVS Electronics, which is considered one of the best multibaggers in the stock market. TVS Electronics is a Chennai-based company of the TVS Group and manufactures various electronic products. Apart from manufacturing, the company also has a presence in the design, sales, service etc. of electronic products.
Price reached 52 week high
TVS Electronics’ stock saw a spectacular rise on Friday. On August 23, the stock gained more than 5 percent and closed at Rs 443.25. During trading, the stock at one point reached Rs 459, which is also its new high in 52 weeks. Meaning, the stock is currently trading near its high level.
The stock rose 25 percent in just one week
In the last 5 days, the share price has increased by about 25 percent, while in one month the share price is at a profit of 22 percent. In the last 6 months, the stock has given a return of about 38 percent, while in one year the return is about 25 percent. The share price has increased by 170 percent in 3 years and 280 percent in 5 years.
Gave such an amazing return in 10 years
The return of this share of TVS Group in 10 years is more than 1000 percent. In the last 10 years, the share price has reached the current level with a huge increase of 1065 percent. This means that if an investor had invested just Rs 10,000 in the shares of TVS Electronics 10 years ago and maintained the investment till now, then his money would have grown to more than Rs 1 lakh.
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Also read: Shares cheaper than Rs 15, price rises again, has made investors earn 11 thousand percent
