3500% Returns in 3 Years: This Multibagger IT Stock is Considering a Bonus Issue in March

Titan Intech Limited (BOM: 521005), a smallcap company in the IT sector, is considering giving a bonus to its shareholders, for which the meeting of the board of directors of the company is scheduled to be held on Wednesday, March 27, 2024. After this announcement, the company’s shares rose by 4.55%. The market cap of the company is just Rs 115 crore and its share increased by 25% within a month.

Titan Intech Shares Performance & Return

Shares of Titan Intec were listed on BSE in February 2012 and since its listing, it has not given any good returns to its investors on a long-term basis. But for the last few years, its stock has shown excellent performance and in recent years, the shares of the company have increased by more than 1000%. You can check the tables below to know the performance in detail.

Titan Intech Shares Rose 177% in One Year

The stock’s overall performance over the last 12 months is 177.31% and for investors who invested ₹1 lakh in it 12 months ago, its value has grown to ₹277,308 (₹2.77 lakh) today.

Titan Intech Shares Performance in 2024 YTD

Titan Intech’s share price was ₹60.20 in January and today it is trading at ₹104.85, indicating an overall gain of 74.17% in 2024 YTD.

Titan Intech Shares Surged 147% in 2023

The share price of Titan Intech in January 2023 was ₹24.25, and on the last trading day of the year, it closed at ₹60.13 with a gain of 147.96%.

₹1 Lakh Became ₹36 Lakh in 3 Years

The table below shows the company’s absolute returns and CAGR growth from the listing. You can also check that if someone has invested a lump sum of Rs 10k then what is the value of those shares today…

• If we look at the performance of the last two years, it has seen a rise of more than 1500 percent.
• In the last three years, it has increased investors’ money by more than 36 times.
• Investors who had invested Rs 1 lakh in Titan Intec shares four years ago, today the value of those shares has increased to ₹3,542,230 (₹35 lakh).
• The CAGR growth of the company’s stock in the last five years is 72.37%.

Titan Intech Performance since Listing (Year-wise)

About the Company

Established in 1984, Titan Intech Limited is an IT-based services and electrical solutions company. Offering a range of services including design, engineering, supply, installation, and project management for electrical systems, the company operates with a zero-debt burden. It has diversified its portfolio to include cloud services, data center solutions, and security offerings to meet the broader needs of customers.

December Quarter Result

Profit & Loss Statement

Last 10 Years Compounded Sales and Profit Growth

Shareholding Pattern

Disclaimer: This article is for informational purposes only and should not be considered investment advice.