Unmatched returns in 10 years, this stock made 10 thousand to 16 lakh

Multibagger Stock List 2023: There are many such companies in the Share Market, which have made their investors rich. Some of these small companies have given amazing returns. Today we are going to tell you about one such stock, which has given unmatched returns to its buyers during the last 10 years.

We are talking about the shares of Tanla Platforms. This company develops and sells computer software. The company offers messaging, voice, Internet of Things and many other cloud communication solutions. Currently the company’s clients include many foreign names. The company has established its own identity on the basis of its service year after year.

This is the holding pattern of the company

Talking about the shareholding pattern of the company, the maximum stake in it is public. According to stock market data, the public shareholding in Tanla Platforms is 55.83 per cent. After this comes the number of promoters with 44.17 per cent stake. Foreign investors hold 14.23 per cent stake in this, while mutual funds have only 0.06 per cent shares.

This stock is the choice of retailers

This company is very popular among retail investors. This can be gauged from the fact that 34 per cent of the company’s shares are held by retail investors. Presently this company is a part of BSE500. This means that it is one of the 500 largest companies listed on BSE. The current market capitalization of the company is Rs 9,049 crore.

This is how the company progressed

According to the way the company has given returns on the shares, its work has also increased accordingly. In the financial year 2012-13, the company had a sale of just Rs 117, which increased manifold to Rs 3,206 crore in the financial year 2021-22. Similarly, the profit of the company increased from just Rs 2.59 crore in 2014-15 to about Rs 540 crore in 2021-22.

The return of this stock will surprise

Talking about the shares of the company, during the last 10 years, their prices have increased by about 16 thousand percent. If an investor had invested only Rs 10,000 in this stock 10 years ago, then the value of his investment would have been Rs 16 lakh today. During the last 5 years, the price of this share has increased by 1,620 percent.

Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)

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