These 2 Tata Group Stocks Doubled Investors Money Even Under Selling Pressure In The Market
Tata Group Shares: Two Tata group companies, Tata Steel and...
Tata Group Shares: Two Tata group companies, Tata Steel and TCS, have given good returns to investors in the last 2 years. Although, after the Russo-Ukraine war, both these stocks have reached their 52-week low in the market, yet both the stocks have almost doubled the investors’ money in the last 2 years.
It is worth noting that after the start of Kovid-19, the market had rolled down sharply for a few days, but then there was a lot of boom in the market. The market had also touched its all-time high in the meantime. In the same rally, both these stocks had also made huge profits for their investors.
Shares of Tata Steel
This stock is seeing an uptrend on Tuesday. However, during the previous one month it had shown a decline of 18 percent. This stock is facing continuous selling pressure after a sharp rise in commodity prices. On Wednesday, this stock is trading around Rs 1183. Whereas on Monday it had fallen to Rs 1094.
According to the news, about 2 years ago, on 3 April 2020, it was trading at a price of Rs 253 per share on NSE. Despite the selling pressure, the stock is still trading above Rs 900 from that time.
condition of tcs
Shares of TCS also closed on the red mark on Monday, but on Tuesday it is also seeing a rise. This stock is trading above Rs 3460 while writing the news. This stock has made a loss of Rs 185 per share in the last one month.
However, if we talk about 2 years ago, then the price of this share was Rs 1654 on 3 April 2020. Since then, this stock has given returns of about 105 percent or more than double. TCS shares have doubled their investors’ money despite hitting a 52-week low.
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