Tinna Rubber: Share of seven and a half rupees crossed Rs 560, investors became 75 times richer in no time.

Tinna Rubber: Share of seven and a half rupees crossed Rs 560, investors became 75 times richer in no time.

The shares of Tina Rubber and Infrastructure Limited, a company manufacturing tires and other rubber products, have created a stir in the market. This stock, which was considered a penny stock till some time ago, has given tremendous returns of up to 7,500 percent to its investors.

Slow in the last one month

25 January On Thursday, one of its shares closed at Rs 563 with a slight rise of 0.64 per cent. The price of this share has corrected 1.22 percent in the last five days. Even in 2024, this stock has not performed well till now and is at a loss of about 2 percent till now. Even in the last one month, this stock has fallen by about 1 percent.

The profit has tripled in a year.

As soon as we increase the time frame a little, the stock movement is surprising. Starts doing it. In the last 6 months, its price has increased by more than 40 percent. The price of this share has increased by 190 percent in 1 year. Meaning, the price of this share has almost tripled in the last one year. A year ago, the price of one share was around Rs 190.

Such a great growth in the long term

In the last 5 years, this share has gained 2,460 percent and in the last 3 years Has increased by 2,630 percent. At one time this share used to be cheaper than Rs 10. In October 2020, this share was trading at a price of only seven and a half rupees. Compared to that time, now this stock is in profit of 7,406 percent, that is, investors' money has been increased 75 times.

1 crore made from Rs. 1.34 lakh

This means That if an investor had invested only Rs 1.34 lakh in this share in October 2020 and held it till now, the value of his investment would have been more than Rs 1 crore.

Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. ABPLive.com never advises anyone to invest any money.

Also read: 6 new IPOs, 10 shares will be listed this week

Get more latest business news updates

Scroll to Top