This share of Tata Group increased from ₹ 32 to ₹ 572, made 1 lakh in a year to Rs 18 lakh

Multibagger Tata Group Stock: Today we are telling you about such a share of Tata group which has made investors rich in a year. The name of this stock is Automotive Stampings & Assemblies. The company’s shares have increased from Rs 32 to Rs 572 in a year. During this period, it has given strong returns of more than 1,676.40 per cent to its investors. 

Shares were at Rs 32.20

This share of Tata Group was at the level of Rs 32.20 per share on 23 April 2021 a year ago. It has now increased to the level of Rs 572 per share. That is, investors got a return of 1,676.40% in a year. In six months, this stock has increased from Rs 75.90 to Rs 572, during which this stock has given a return of 654% to its investors. However, this year the stock is under selling pressure and has fallen 18% so far.

1 lakh became Rs 18 lakh

According to the share price chart pattern of Automotive Stamping and Assembly, if an investor had invested Rs 1 lakh in this stock a year ago at Rs 32.20, then today this amount would have increased to about Rs 18 lakh. At the same time, an investment of Rs 1 lakh would have become Rs 7.53 lakh in six months. 

What does the company do?

The auto subsidiary primarily manufactures sheet-metal stampings, welded assemblies and modules for passenger and commercial vehicles for Tata Motors. Apart from this, the company sells its products to top automobile companies like General Motors India, Fiat India, Piaggio Vehicles, Ashok Leyland, JCB, Tata Hitachi and MG Motors.

Updated: April 23, 2022 — 18:11

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