Trent Share Price | Shares of Tata Group boomed, millionaires became millionaires, strong earnings in future too – Hindi News
Trent Share Price | Many of the listed shares of the Tata Group, one of the country's oldest industrial houses, are popular among investors. Many Tata Group stocks have given significant returns so far and are still performing impressively, which has prompted investors to make purchases. If you keep investing in a stock for a long time, you can definitely get positive returns. One such stock in the market is Trent Limited of Tata Group which has given lakhs of returns to the people in just a few years. (Trent Company excerpt)
Shares of Tata Group company Trent Limited have created a stir in the market and have given returns worth crores of rupees to investors. At present the share price of the company is Rs 7,379 and the company's earnings have increased five times in the last five years, which is why the share has also performed tremendously in the last several years. The company has given returns of about Rs 7.5 crore to investors on an investment of just Rs 1 lakh. On Tuesday (08 October 2024), the stock was trading at Rs 8,036, up 7.87%. Since January this year, the company's shares have given a return of about 146 percent and at the beginning of the year, on January 1, the share price was around Rs 3,002. That means, if you had invested Rs 1 lakh in this share, it would have become Rs 2.46 lakh today. That means in about nine months you would have made a profit of Rs 1.46 lakh. Tata Group shares have literally showered money on investors in the last five years. During this period, the shares have given a return of more than 1400 percent and if you had bought shares of Trent Limited worth Rs 1 lakh five years ago, you would have got a return of 15 times i.e. Rs 15 lakh during this period, which is difficult to get in any scheme. It happens. Trent Limited made its debut in the market in 1999. At that time the price of this share was only Rs 9.87, which has now increased to Rs 7,451 after 25 years. In other words, the stock has given a return of about 74,662 percent in the last 25 years and an investment of Rs 1 lakh in the company 25 years ago would have increased to about Rs 7.5 crore today. The Tata Group retail company was founded in 1998 in Mumbai and includes well-known brands such as Westside, Judio, Utsa, Samoh, Misboo and Star Bazaar. The company, which has over 890 stores, earned nearly Rs 4,000 crore in revenue in Q1FY25 and has seen nearly five-fold growth in revenue in the last five years.
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