13,340% return in 11 years! This 25 paise share made investors rich
The domestic stock market has been declining continuously for some time now. In such a situation, investors have started getting disillusioned with the stock market. But here we are talking about a 25 paise share which has given its investors a return of 13,340% in the last 11 years. If you had invested Rs 1 lakh in Tanla Platforms in the year 2014, then its value would have been ₹ 1.34 crore today. However, it has declined in recent years.
It has fallen by more than 64 percent in three years while it has fallen by 46% in the last one year. In 2014, its price was Rs 3.90 and on Friday its closing price was Rs 524.15.
If you had invested Rs 1 lakh in this share in the year 2014, then its value would have been ₹ 1.34 crore today. Its price in 2014 was Rs 3.90 and its closing price on Friday was 524.15
25 paise share, has given its investors return of 13,340%
Shares of the Hyderabad-based CPaaS company have given a return of 550 per cent in the last five years. The 52-week high of this stock is ₹ 1,086.05, which it touched on July 15 last year. But on February 12 this year, it came down to Rs 515.90, which is its 52-week low.
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Currently its market cap is Rs 7,055.97 crore. Experts say that by December 2025, its price can reach Rs 1090, which is more than double its current price.
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Market condition
The domestic stock market has fallen for 8 consecutive days. Due to this, investors have suffered a loss of Rs 25.31 lakh crore. During this period, the BSE Sensex fell by more than three percent amid concerns of foreign capital outflows, lower-than-expected quarterly earnings and uncertainty about the global trade war.
Summary
The BSE Sensex fell 2,644.6 points or 3.36 percent in eight consecutive sessions and the NSE Nifty was down 810 points, or 3.41 percent. Due to this, the market cap of companies listed on the BSE declined by Rs 25,31,579.11 crore to Rs 4,00,19,247 crore.
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