This telecom share that surged over 12,000% in 2 years finds place in 100 most valued firms list

There are many stocks that have given multibagger return in the year gone by and have surged more than 10x. However, this Tata Group shares could have turned your 1 lakh investment 2 years back into Rs 1.2 crore today (Monday, January 10, 2022).  

Shares of Tata Teleservices (Maharashtra) Limited on Monday closed in 5 per cent upper circuit on the BSE as the telecom services provider stock continued with its upward journey. The share has been hitting one after another upper circuit and has appreciated as much as whooping 2987.71% in the past one year as on January 10, 2022.  The shares have surged 530 per cent in the last 3 months and nearly 500 per cent in the last 6 months.  

Not just that, the share has surged 12,182.22% in the last two year, showed technical data with Stock Edge an app to analyse NSE, BSE data.  

In the process, TTML has also managed to break into the top 100 most valued firms on the BSE on Friday with over 50,000 crore m-cap. The market capitalizing of TTML on Monday stood at Rs 54,190.60 crore.  

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Tata Teleservices (Maharashtra) Limited has been placed at 96th position in the top 100 most valued companies in terms of market capitalization.  

Bharat Electronics Limited, Procter & Gamble, JSW Energy and Bosch Limited have been placed at the last four positions of the most valued firm list on the BSE.    

Promoters have majority of 74.37% and public has 25.64% stake in the company as per September shareholding pattern of the company.  

Nippon India Nifty Smallcap 250 index fund, Motilal Oswal Nifty Smallcap250 Index Fund, ICICI Prudential Smallcap Index Fund and Motilal Oswal Nifty 500 Fund hold this Tata group share.