
News Topical, Digital Desk : TVS Motors Company Shares: The fortunes of investors betting on the shares of motorcycle manufacturing company TVS Motors have changed. Since its listing in August 2000, the company's shares have given a spectacular return of 27852 percent. In these 20 years, the company has turned an investment of Rs 1 lakh into more than Rs 2 crore. After the government's reduction in GST rates and the launch of the company's first hyper sport scooter on Thursday, experts now believe that the company's shares are likely to rise even further.
The stock reached its all-time high
The company has given this tremendous return to its investors on the basis of bonus shares. On Friday, TVS Motors shares touched their all-time high record of Rs 3,500 and closed at Rs 3,426.90. In the last five years, TVS Motors shares have given a return of almost 700 percent. While Hero has given a return of 84 percent, Eicher has given a return of 198 percent and Bajaj has given a return of 216 percent. Brokerage firms Elara Capital, Axis Securities and BNP Paribas remain positive about the prospects of TVS.
Made more than 1 crore from 1 lakh
On 2 September 2005, the price of the company's shares was Rs 41.25. Whereas today the price is Rs 3,426.90. That is, if someone had bought shares of TVS Motors worth Rs 1 lakh on 2 September 2005, then today its value would have been more than Rs 1 crore. In September 2010, the company issued bonus shares in the ratio of 1:1. That is, 1 bonus share has been given for every share.
In such a situation, an investor who bought shares worth Rs 1 lakh on 2 September 2005 would have got 2424 shares based on the share price today. Now if bonus shares are added to this, then its number reaches 4848. Today the current value of these 4848 is Rs 1.68 crore. The company's shares have given a return of 1459 percent in the last 10 years and 138 percent in the last two years.
Read More: Infosys share buyback: Will you get Rs 1,800 or just Rs 1,620? The whole game is hidden in taxes!
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