๐ Tinna Rubber Share Price Soars to 869 Rupees on 22 April 2024 ๐
Looking for a multi-bagger stock to invest in? Keep an eye on Tinna Rubber & Infrastructure Limited!
The company has provided investors with excellent returns in the short term. In just four years, the company’s shares have skyrocketed from 8 rupees to 800 rupees. This share has given investors a whopping 9,817% return in just four years. On 30 April 2020, the shares were trading at just 8.45 rupees per share, and today they have reached 828 rupees.
On Monday (22 April 2024), the share price jumped by 4.26% to 869 rupees. If someone had invested 1 lakh rupees in this share four years ago, they would have approximately 1 crore rupees today. Similarly, those who invested a year ago would have received more than 4 lakh rupees. And those who invested five years ago would now own 49 lakh rupees worth of shares.
Tinna Rubber & Infrastructure Limited is a tyre material recycling company with over 40 years of history in India. The company operates five plants across the country, conducting a significant amount of business.
In October 2020, a share of Tinna Rubber & Infrastructure Limited was priced at 7.85 rupees. By 2023, the share price had risen to 434 rupees, indicating a 55% increase in investors’ money during this period.
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