Multibagger Titan Share turned 1 lakh rupee into 1 crore now 3000 rupee target – Business News India
read on the appShares of Tata Group company Titan have given multibagger returns. Investors who invested Rs 1 lakh in the shares of Titan Company 20 years ago have now become
millionaires. Global brokerage firm JP Morgan is now bullish on Titan shares. The brokerage house has given Overweight rating on Titan shares and target price of Rs 3000 for the
company's shares. That is, there can be a jump of 25% in the shares of Titan. Titan shares have closed at Rs 2451 on Thursday, 16 March. Rs 1 lakh became Rs 16 croreThe shares of
Titan Company were trading at Rs.3.05 on the Bombay Stock Exchange on 16 May 2003. If a person had invested Rs 1 lakh in Titan shares on May 16, 2003, he would have got 32,786
shares of the company. Titan has issued bonus shares in the ratio of 1:1 in June 2011. That is, the company has given 1 bonus stock for every share held. In such a situation, a
person investing Rs 1 lakh would have a total of 65572 shares. Titan shares closed at Rs 2451 on March 16, 2023 at BSE. In such a situation, the total value of the lions at present
would have been Rs 16.07 crore. Also read- This company will be bankrupt! Stirred by this move of SBI, shares fell by 14%
Shares gave 1000% return in less than 10
yearsThe shares of Titan Company are continuously giving amazing returns. Shares of Tata Group company Titan were trading at Rs 222.85 on the Bombay Stock Exchange (BSE) on June
21, 2013. The shares of the company closed at Rs 2451 on March 16, 2023 at BSE. The shares of Titan Company have given a return of 1000% during this period. The 52-week high level
of Titan shares is Rs 2790. At the same time, the 52-week low level of the company's shares is Rs 1827.15. Titan shares have given a return of around 175% in the last 5 years.Also
read- This share fell 84% to Rs 17, investors vying to sell stock
Disclaimer: Information provided here is only about stock performance and does not constitute
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investment advice. Investment in share market is subject to risk and you should consult your advisor before investing. Image Credit- Getty Images/iStockphoto
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