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The stock market is a completely risk game. In this, when investors take money, then there is a hope to earn hope, but the risk is a big factor. There is a saying that no risk is not gained. This is also applied to the stock market. Today we will talk about the shares of the group, which made the investor rich.
The retail company of Tata Group is Trent, which runs a garment brand named Judio and Westside. This is a very popular fashion brand.
Possibility in share
Trent’s share price used to be only 10 rupees in 1999, about 26 years ago. However, this stock, growing over time, reached the price of Rs 8300. That is, it has given returns to investors of more than 58000 percent in so many years.
Market experts say that there is still a lot of possibility in this stock, its history is due to this. The history of the trend has been a multibagger return. In such a situation, if investors want to invest in it for a long time, then good results can be seen.
Millionaire made of 10 shares
The shares of this company slipped 18 percent this year. However, in October 2024, the stock went up to Rs 8345. But, this year it has come at 4600. During the last five years, this stock of Trent has given a return of more than nine hundred percent. The net profit of this company’s March quarter has been around Rs 350 crore and the broochret firm Maquarery has fixed the target price of Rs 7 thousand, giving it a great rating.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
