Kolkata: The hit web series ‘Scam 1992’ was based on his life. Those who did not know, those who did not know the name, also know the name of the country’s ‘famous’ or ‘notorious’ stock broker Harshad Mehta. It was Harshad Mehta who once predicted the share of money. He said, buy any share of Tata. Today not tomorrow will give big returns. Now if we look at the two decades of growth of the shares of several Tata companies, it will be seen that the prices have increased by leaps and bounds. The list includes companies like Tata Steel, Tata Motors, Titan, TCS.
In 2006, the price of a share of Tata Steel was Rs.30. Currently, it is hovering around 117 rupees. That is, the price has increased almost 4 times. On the other hand, the price of Tata Motors has increased almost 5 times during the same period. The share price in 2006 was around Tk 123. So now it has increased to 646 rupees. But to everyone’s surprise, a continuous bull run has been seen in Titan’s shares. Titan’s shares have increased almost 91 times. The price has increased from Tk 32 to Tk 3277. In 2006, if someone had invested 1 lakh rupees in Titan’s shares, he would have had 3125 shares in his hands. Currently, its market value is slightly more than 1 crore 2 lakh 40 thousand rupees.
On the other hand, the value of one share of TCS increased again by more than 16 times. The price has increased from Tk 206 to Tk 3351. Shares of Tata Consumer Products, Voltas also rose. In less than two decades, the share price of Tata Consumer Products has increased from Rs 93 to Rs 913. On the other hand, the share price of Voltas increased 13 times from Tk 65 to Tk 834.
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Note – This is an educational report on stock market and investing. This report is never intended to encourage investment or find easy ways to make a profit. One of the aims of this report is to inform about various issues of the stock market. Note that stock market investment is always risky.