Tata Group Shares: Two Tata Group companies, Tata Steel and TCS, have provided good returns to investors over the past 2 years. However, after the Russo-Ukraine war, although these two stocks hit a 52-week low in the market, both stocks almost doubled investor money in the last 2 years.
After the launch of Kovid-19, the market fell well for a few days, but there was a lot of boom in the market. The market has also touched an all-time high in recent times. In the same rally, these two stocks also offered huge returns to their investors.
Tata Steel shares
The stock is seeing an uptrend on Tuesday. However, it had declined by 18 per cent in the previous month. The stock is under constant selling pressure after a sharp rise in commodity prices. The stock was trading at Rs 1183 on Wednesday. On Monday, it fell to Rs 1094.
According to the news, about 2 years ago, on April 3, 2020, it was trading at Rs. 253 is trading at a price. Despite the selling pressure, the stock has been trading above Rs 900 ever since.
TCS shares also closed at the red mark on Monday, but are also seeing gains on Tuesday. At the time of writing, the stock is trading above Rs 3460. The stock lost Rs 185 per share last month.
However, if we talk about 2 years ago, the share price on April 3, 2020 was Rs. 1654. Since then, this stock has yielded almost 105 per cent, more than doubling. TCS shares doubled their investor money despite hitting a 52-week low.
Also read this
Big news for Microsoft employees, why pay double talk, find out what Satya Nadella is up to
Indian economy: S&P global ratings slow India growth due to Russia-Ukraine war and inflation, GDP expected to remain at 7.3% in 2022-23