Investors should buckle up as Tata Trent stock is on a winning streak! In the past year, this gem of a stock has tripled its value, causing a wave of excitement in the investment community. In the last one year, Tata Trent has tripled the amount of investors. Exactly a year ago on May 2, 2023, the price of Trent Ltd Share was Rs 1406 and now it has become Rs 4560.
Tata Trent Touch: A diverse business empire
You will see Tata’s name in everything from salt in the kitchen to airplanes. The business of Tata Group, one of the oldest business houses of the country, is spread across all sectors. One company included in the group companies is Trent Ltd, whose shares are proving to be a multibagger stock for investors. This Tata stock has doubled the investors’ money in just six months and tripled it in a year.
unprecedented growth
The stock of Trent Limited is like a rocket, rising higher every passing day. As we speak, the share price is around Rs 4560.20, representing a remarkable 108% return on investment in just six months! In November 2023, the value of one share was Rs 2189, and now, it has almost doubled.
One Year of Abundant Returns
For those who invested in Trent Limited a year ago, the rewards have been beyond belief. The investment has more than tripled, with the share price rising from Rs 1406 to Rs 4560 in just 12 months! Imagine making Rs 1 lakh in just one year. Rs 3 lakh exceeds.
Expert Support
Seeing the ongoing rise in this share of Tata Group, market experts are also looking bullish and are expecting further rise in it in the coming time. Motilal Oswal has predicted strong growth for Trent Limited in the future and has changed the target price of the share in view of this. Giving Buy rating to this stock, its new target price has been set at Rs 4870. It is noteworthy that the company had earned strong profit in the fourth quarter and it had increased manifold to Rs 712 crore. In the previous quarter it was Rs 45 crore.
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