Automotive Stampings and Assemblies Ltd shares, on the other hand, are an exception. This multibagger auto stock has returned more than 800% in the previous year, delivering significant alpha return
The bulk of the shares of the Tata group have provided fantastic returns to its owners throughout this time period, despite the fact that the key benchmark indexes BSE Sensex and Nifty 50 have provided modest returns to stock market investors.
In fact, a few of them have recently offered multibagger returns to their positioned shareholders. One of Dalal Street’s multibagger stocks during the last year is the stock of Indian Hotels Company. This multibagger hospitality stock has returned 115% over the past year, but the narrative doesn’t end there.
For the previous six sessions, this Tata group hospitality stock has been hitting all-time highs. The Indian Hotels share price rose today, reaching a new all-time high of 307.20 per share on the NSE. In the previous six sessions, this Tata group stock has increased from roughly 273 to 307 per share, giving a 12 percent return to its stockholders.
Meanwhile, Automotive Stampings, TTML, and Indian Hotel are three Tata stocks that have at least quadrupled their owners’ money in the recent year. Automotive Stampings and Assemblies Ltd shares, on the other hand, are an exception. This multibagger auto stock has returned more than 800% in the previous year, delivering significant alpha return.