The Tata Group Telecom Stock Held The Upper Circuit For The 5th Consecutive Session, Jumping 690% In 1 Year.

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Tata Group stocks: TTML stocks have a high circle in the 5th consecutive trading session on Tuesday, March 15.

Stocks of Tata Group: Tata Teleservices Limited (Tata Teleservices (Maharashtra) Limited), a telecom service provider of the Tata Group, has been on a steady upward trend for some time. TTML stocks have a top circle in the 5th consecutive trading session on Tuesday, March 15. This stock is quite volatile. However, in the case of returns, it has proved to be a multibagger. Since March 2021, the stock has jumped more than 690 percent. At this point, the stock has touched an all-time high of Rs 291. Earlier, in the March 14, March 11, March 10, March 9 trading session, the stock hit the upper circuit.

About 7 times jump in 12 months

Stocks of Tata Teleservices have remained volatile amid ongoing volatility in the stock market amid geopolitical tensions. The stock which has shown upper circuit in the last 5 trading sessions, has also seen lower circuit in the previous session (March 8, 2022). In many trading sessions, these stocks hit both upper and lower circuits on the same day. Shares of Tata Teleservices rose 6.9 times from March 15, 2021 to March 15, 2022.

The price per share on March 15, 2021 was Rs 15.10, which was seen at the level of Rs 119 in the March 15, 2022 session. So far this year, investors have received about 6 times the return. This means that if an investor had invested Rs 1 lakh on March 15, 2021, it would be worth around Rs 7 lakh today.

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TTML multibagger stock

If we look at the 1 and 5 year performance of the stock of Tata Teleservices, it has proved to be a multibagger for investors. The company’s share price has risen about 890 percent in the last one year. At the same time, if we look at the 5 year performance, the share has risen by about 136 percent. During this period, the share price has increased from Rs 8.07 (March 17, 2017) to Rs 119 (March 15, 2022). Tata Teleservices is a telecom service provider of the Tata Group.

(Disclaimer: The performance of the stock is given only here. This is not an investment suggestion. Investing in the stock market is a matter of risk. Please consult your advisor before investing.)