Shares of multibagger Titagarh Rail Systems Ltd hit their all-time high today. The stock has delivered over 1,500% returns to investors in the last three years. The stock of railway wagons maker, which closed at Rs 49 on August 21, 2020 rose to a record high of Rs 813 on August 24, 2023, clocking 1,559% returns on BSE. An amount of Rs 1 lakh invested in the Titagarh Rail Systems stock three years ago would have turned into Rs 16.59 lakh today. In comparison, Sensex has risen 68.76 per cent during the period.
The stock of the Tata Group firm, which closed at Rs 49.65 on August 6, 2020, ended at Rs 235.65 in the previous session (August 4, 2023), delivering 374.62% returns during the period.
Multibagger stock: The stock of the power equipment major, which closed at Rs 302.65 on August 6, 2020, ended at Rs 3660.35 in the previous session (August 4, 2023 on BSE.
IRFC shares, which closed at Rs 33.37 on July 6 rose to an intraday high of Rs 48.25, clocking 44.59% returns on BSE. The railway stock also approached its all-time high of Rs 48.29, reached on August 4 this year.
Tata Power shares, which hit a 52-week low of Rs 182.45 on March 28, 2023 closed at Rs 235.30 in the previous session, delivering 28.95% returns during the period.