₹1 Lakh to ₹1 Crore: TCS Shares Rise from ₹118 to ₹3,100 in 14 Years, Gives 2,500% Return to Investors

₹1 Lakh to ₹1 Crore: TCS Shares Rise from ₹118 to ₹3,100 in 14 Years, Gives 2,500% Return to Investors

Apr 16, 2023 - 17:48
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₹1 Lakh to ₹1 Crore: TCS Shares Rise from ₹118 to ₹3,100 in 14 Years, Gives 2,500% Return to Investors

The stock of Tata Group's giant Tata Consultancy Services (TCS) has given excellent returns to its investors in the last few years i.e. long term. The stock of the country's largest IT company TCS has risen from Rs 118 to Rs 3,100 in the last few years. During this period, TCS shares have given a return of more than 2,500% to its investors.
TCS has also distributed bonuses twice in the last almost 20 years. Due to the bonus shares, investors have got handsome returns on their investments in the long term. About 14 years ago, on February 20, 2009, TCS shares were trading at Rs 118.49 on BSE. If you had invested Rs 1 lakh in TCS shares, you would have got 843 shares.
In 2009 itself, the company gave bonus shares to investors in a ratio of 1:1. After this, TCS distributed bonus shares in 2018 as well in a 1:1 ratio. Thus, including the bonus shares, your total would have increased from 843 to 3,372. Shares of TCS closed at Rs 3,192 on BSE on Friday (April 14). In such a situation, the total value of your investment in TCS shares would have now crossed Rs 1 crore.
Even in the last 10 years, TCS shares have given bumper returns to investors. On 26 April 2013, TCS shares were at Rs 684.10 on BSE. If you had then invested Rs 1 lakh in the shares of the company, you would have got 146 shares. Then including the bonus shares received in 2018, you would have got a total of 292 shares. The total value of these shares would have been around 10 lacks now. However, TCS stock has lost around 10% in the last year.
A major reshuffle is going to happen in TCS in the next few months. The company's CEO and MD Rajesh Gopinathan resigned from his post last month. In his place, Keerthivasan has been made the next CEO and MD of TCS. Keerthivasan will take charge of TCS from June 1.

Net profit stood at Rs 11,392 crore in Q4:-
TCS has registered a jump of 14.8% in net profit in January-March ie the fourth quarter (Q4FY23) of the 2022-23 financial year and its profit increased to Rs 11,392 crore. Earlier in the third (Q3FY23) quarter, the company's net profit was Rs 10,846 crore. The market capitalization of TCS is Rs 11.67 lakh crore.
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Muskan Kumawat Journalist & Writer