₹235 to ₹2603: Multibagger stock gives 1000% return in 5 years. Do you own?

Multibagger stock: If an investor had invested one lakh in this stock a year ago, that one lakh would now be worth 1.55 lakh.

Tube Investments of India shares have been in the base-building mode for about six months. Despite its losses in the last six months, Tube Investments of India shares are one of the multibagger stocks that the Indian stock market has produced in recent years. According to the Tube Investments of India share price history, the multibagger stock has gained from roughly ₹ 235 to ₹ 2603 apiece levels on the NSE, providing over 1,000% in the last five years.

Price history of Tube Investments of India

For the past six months, Tube Investments of India shares have been in base building mode. Tube Investments of India’s share price has down by 4% in the previous month, while the company’s shares have fallen by 7% year to date (YTD). This multibagger stock has lost almost 2% in the last six months. However, in the last year, the share price of Tube Investments of India has risen from ₹ 1650 to ₹ 2603. This is a gain of more than 55%.

In the post-Covid stock market resurgence, this multibagger stock has offered a massive return to its positioned shareholders. This multibagger stock has soared from roughly ₹ 275 to ₹ 2603 apiece levels in the post-Covid rally, registering a near 850 percent growth in the last three years. Similarly, over the last five years, this multibagger stock on the Indian stock market has increased from roughly ₹ 235 to ₹ 2603 per share, delivering a 1000% return to its stockholders.

The effect on investment

According to the share price history of Tube Investments of India, if an investor had invested one lakh in this multibagger stock one month ago, the one lakh would have changed into 96,0000, whereas it would have converted into 93,000 in YTD time. If an investor had invested 1 lakh in this stock six months ago, it would now be worth 98,000. However, if an investor had invested 1 lakh in this company a year ago, it would now be worth 1.55 lakh. If an investor had invested one lakh in this multibagger stock of India during the post-Covid sell-off in 2020, that one lakh would have grown to 9.50 lakh now.

Similarly, if an investor had invested 1 lakh in this multibagger stock five years ago, that 1 lakh would now be worth 11 lakh.

Tube Investments of India shares are traded on both the NSE and the BSE. On Thursday, it concluded with a trade volume of ₹ 1,63,067 on the NSE, which is much lower than its 20-day average transaction volume of ₹ 2,57,771. Its 52-week high is ₹ 3,046.20, and its 52-week low is ₹1441.95.