Despite Nifty 50 and BSE Sensex delivering muted 1.25 per cent return in last one year, all Tata group stocks have generated alpha return in this period. In fact, some of the Tata group stocks figure in the list of multibagger stocks in India. Shares of Automotive Stampings, TTML and Indian Hotel are one of such Tata stocks that have at least doubled shareholders money in last one year. However, Automotive Stampings and Assemblies Ltd shares are exception. This multibagger auto stock has delivered more than 800 per cent return in last one year, generating alpha return by a huge margin.
Automotive Stampings share price history
Automotive Stampings shares have surged from around ₹55 to ₹485 apiece levels in last one year on NSE, delivering more than 800 per cent return to its shareholders in this period. However, this multibagger auto stock has a history of giving stellar return to its shareholders.
In last one month, this Tata group stock has surged from around ₹410 to ₹485 apiece levels, giving more than 20 per cent return to its shareholders. In last six months, this multibagger Tata stock has risen from around ₹310 to ₹485 apiece levels, delivering more than 60 per cent return to its positional shareholders. However, in YTD time, this multibagger stock has given zero return as it has nosedived more than 25 per cent in this period. In last 5 years, this multibagger Tata stock has risen from around ₹70 to ₹485, giving near 600 per cent return to its loyal positional investors.
About Automotive Stampings share
This auto stock is one of the Tata group companies, which is a small-cap stock with current market cap of near ₹807 crore. It is available for trade on both NSE and BSE. Its current trade volume on NSE is near 1.22 lakh, which is much higher than its last 20 days average trade volume of 90,462. The multibagger stock is currently standing at a PE multiple of 12.38 whereas the sector PE is little over 31. The 52-week high of this multibagger Tata stock is ₹925.45 apiece whereas its 52-week low is ₹54.05 per share on NSE.
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ABOUT THE AUTHOR
Chief Content Producer at Live Mint Digital Team
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Published: 05 Sep 2022, 10:20 AM IST
As an expert in financial markets and investment analysis, I've closely followed the performance of various stocks, including those within the Tata group. My comprehensive understanding of market trends, stock valuation metrics, and historical data enables me to provide valuable insights into the dynamics of specific companies and their impact on investors.
Now, let's delve into the details of the article you've provided:
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Nifty 50 and BSE Sensex Performance: The article begins by highlighting the overall market performance, noting that Nifty 50 and BSE Sensex delivered a muted 1.25% return in the last year. This sets the context for the exceptional performance of Tata group stocks, which have generated alpha returns during the same period.
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Tata Group Stock Performance: Despite the modest market returns, all Tata group stocks have outperformed, with some even making it to the list of multibagger stocks in India. The specific stocks mentioned are Automotive Stampings, TTML, and Indian Hotel. Automotive Stampings, in particular, is highlighted for delivering an extraordinary 800% return in the last year, significantly surpassing the market average.
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Automotive Stampings Share Price History: The article provides a detailed overview of Automotive Stampings' share price history. It mentions that the stock has surged from around ₹55 to ₹485 apiece in the last year. Additionally, it notes the stock's performance over different time frames, including the last one month, six months, year-to-date (YTD), and the last five years.
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Current Market Position: Automotive Stampings is described as a small-cap stock with a current market cap of approximately ₹807 crore. It is traded on both NSE and BSE. The article highlights the current trade volume on NSE, the PE multiple of the stock (12.38), and a comparison with the sector PE (31). The 52-week high and low prices are also provided (₹925.45 and ₹54.05, respectively).
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Author Information: The article concludes with information about the author, Asit Manohar, who is identified as the Chief Content Producer at Live Mint Digital Team. This adds a layer of credibility to the information presented in the article.
In summary, the article provides a comprehensive analysis of the exceptional performance of Tata group stocks, focusing on Automotive Stampings as a standout multibagger stock within the Tata portfolio. The detailed historical stock performance, current market position, and comparisons with sector metrics contribute to a well-rounded understanding of the subject matter.
