This Tata Group Stock Doubled Shareholder’s Money in 1 Year
The Tata Group is the largest business house in the country. The Tata Group has about 100 companies. In such a situation, it becomes difficult to know which company is performing well.
That is why we continue to update you on how the Tata Group’s good companies are performing.
Today we are going to tell you about one such company, of Tata Group, which has increased investors’ money by 120% in a year. Let us know about one such company.
The Name of This Company is Indian Hotels
Indian Hotels is the name of this company.This Tata Group company is engaged in the hotel business. This company has given investors a return of about 120 percent in 1 year.
That is, if someone had invested Rs 1 lakh in the Indian Hotels share a year ago, its value would now be around Rs 2.20 lakh. As far as the short term is concerned, this stock has given a return of around 35% in the last 3 months.
At the same time, during 6 months, this stock has given a return of about 65 percent. That is, this share has remained untouched by the ups and downs of the stock market.
Know the Rate of Indian Hotels
On the NSE today, shares of Indian Hotels closed at Rs 317.There has been a decline of about 2 percent in this stock today.
Today, the lowest level of Indian hotels is Rs. 317, and the highest level is Rs. 323.70.Apart from this, if you want to know the minimum level at the highest level for one year, then it has been like this.
The one year low of this stock was Rs 275, and the highest level was Rs 344.75.
Indian Hotels Has a Strong Balance Sheet
If we look at the balance sheet of Indian Hotels, it is continuously getting stronger. During the previous year, the company raised approximately Rs 4,000 crore.
This has made the company’s net cash flow positive. This is important for any company.
In contrast, the company recorded a profit margin of around 30% during the quarter ending June 2022. In such a situation, it can be expected that the company will perform very well in the future.
