Multibagger Stocks In India :
UNO MINDA:
Shares of Uno Minda, a leading company in manufacturing car switches, horns, and lights, have provided investors with bumper profits. Uno Minda shares are quite good for long-term investment.
On February 28, 2014, Uno Minda shares were approximately at ₹5.83. Now it is at ₹662, which means the rapid growth of Uno Minda shares has made investors crorepati on an investment of ₹88,000 in 10 years. Talking about the movement of shares in the past year, on March 24, 2023, it was at a low of ₹433. From this level, it soared 68% in 10 months, reaching a record high of ₹726 on January 12, 2024. However, the momentum of shares slowed down, and currently, it is down by about 9% from this high.
Share Price of Uno Minda :
Speaking of Uno Minda share price, yesterday, Uno Minda share closed at ₹662.75, up by 3.95 points or 0.7%. The 52-week low for Uno Minda share is ₹435.00 and the 52-week high is ₹726.00. In Uno Minda Limited, promoters hold 68.73%, mutual funds hold 15.32%, and foreign institutions hold 7.94% ownership.
TATA MOTORS:
Tata Motors is one of the top 5 automobile manufacturing companies in India, and its share price is continuously increasing. The share price of Tata Motors is also greatly influenced by its EV plant.
Share Price of Tata Motors :
In 2023, Tata Motors’ share price was only ₹400, but now the current market price has increased to ₹988. Tata Motors has provided returns of up to 133.87% in one year. That’s why this stock is included in the top 10 multibagger stocks.
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