5 Hidden Multibagger Tata Group Stocks You Should Know; Should You Buy?

1.Tinplate Company of India Limited (TCIL)

Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel Ltd, which has a 74.96 per cent stake in it. India's leading tinplate producer, TCIL offers its customers consistently high-quality products that meet the most stringent requirements of customers. 

As per the recent development, TCIL will be merged into Tata Steel, Tata Group approved the amalgamation of all its metal companies into Tata Steel. TCIL is a small-cap metal sector company having a market cap of Rs 3,326.86 crore. 

TCIL last traded at Rs 317.85 apiece on NSE, 1.79% above its previous close. Its 52-week high is Rs 442.90 and its 52-week low is Rs 252., respectively. 

The stock has given positive returns over the past 5 years. In the past 1 month, it surged by 1.94%, in 1 month it surged by 3.37% and in 3 months it surged by 3.97%, respectively. The stock has given 18.18% positive returns in the past 1 year and 16.9% in the past 5 years, respectively. Whereas, it has given 125.91% multibagger returns in 3 years.

2. Trent Limited

Trent Ltd is engaged in retailing apparels, footwear, accessories, toys, games, food, grocery & non-food products through various of its retail formats/ concepts. The Company was originally incorporated as Lakme Limited ("Lakme") on December 5, 1952.

Trent's flagship concept-Westside offers branded fashion apparel, footwear and accessories for women, men and children, along with a range of home furnishings & decor. It is a mid-cap Tata Group company from the Retail sector. It has a market cap of Rs 51,792.75 crore.

Trent's stock on NSE last traded at Rs 1,456.95 per share, 1.24% up as compared to its previous close. The stock is trading less than 8% down from its 52 week high, which is Rs 1,566, recorded on 1 November 2022. Its 52 week low was recorded on 20 December 2021 at Rs 970.60.

The stock in 1 week has given 3.47% positive returns and in 3 months, it gave 7.08% positive returns, respectively. In 1 year, it gave 41.91% positive returns. In 3 years, it gave 179.86% multibagger returns. In 5 years, it gave 329.97% multibagger returns to shareholders.

Should you buy?

Leading brokerage firm Axis Securities in its recent report published on 11 November 2022 recommended "buy" Trent's stock. The brokerage said, "We believe Trent is well-placed to perform well in post-COVID-19 era, driven by its success in the 'Westside' concept (exclusive brands at competitive prices), the ramp-up of value fashion format 'Zudio', sustainable margins (led by superior store metrics, supply chain optimization, and diligent focus on cost rationalization) backed by a healthy balance sheet. We revise our SOTP-based TP to Rs 1,650 (Rs 1,500 earlier) on account of improving profitability and higher footfalls as we believe FY23 should be a normal year. Maintain BUY." 

3. Automotive Stampings & Assemblies Limited (ASAL)

Automotive Stampings and Assemblies Limited (ASAL) is another small-cap Tata Group company in the list. It has a market capitalisation of Rs 615.38 crore. It is an auto-ancillary sector company. 

The company Manufactures and supplier of sheet metal components, welded assemblies and modules for automobiles. The product range includes Body-In-White (BIW) structural panels, Skin panels, Fuel tanks, Rear Twist Beam, Oil sumps & Suspension. 

On NSE, ASAL last traded at Rs 387.90 apiece, 0.92% down from its previous close. Its 52 week high is Rs 925.45 and its 52 week low is Rs 197, respectively. 

In 1 month, it gave 5.04% positive returns. Whereas, in 3 months it has fallen, giving 5.56% negative returns. In 1 year, it gave massive 89.91% positive returns. The stock in 3 years has given a whooping 1,125.59% multibagger returns on investments, whereas, in 5 years it gave 355.01% multibagger returns.

4. Nelco Limited

Nelco is the 3rd small-cap company in the list owned by the Tata Group. It started in 1940 as an electronics company, today it has a market capitalisation of Rs 1,710.24 crore. It is a telecommunication sector company that offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions. 

The current market price of the Nelco stock on NSE is Rs 749.50 per share, 1.60% down as compared to its previous close. It recently recorded its new 52 week high at Rs 1,090 on 2 September 2022. Whereas, its 52 week low was recorded on 12 May 2022 at Rs 515.05. 

The stock in the past 3 months given negative returns, fell 20.45%. However, in 1 year, it gave 6.05%. In 3 years, it has given 209.07% multibagger returns. In 5 years, it gave a whooping 539.51% multibagger returns to shareholders. 

5. Tejas Network Limited

Tejas Networks Ltd is the 4th small-cap Tata Group company and the 2nd telecommunication sector company in the list. It is a global R&D-driven telecom equipment company headquartered in India. The company designs, develops and manufactures high-performance optical and data networking products that are used by telecom service providers, utilities, government and defence networks. It has a market capitalisation of Rs 9,429.29 crore. 

Tuesday, 29 November, the share price of Tejas on NSE closed at Rs 619.90 apiece, 2.63% down from its previous close. Currently, the stock is trading near its 52-week high. It recorded its 52 week high on 10 October 2022 at Rs 773. While the 52 week low was recorded on 8 March 2022 at Rs 360.60. 

In a week, the stock surged by 2.51%, and in 1 month, fell by 8.48%, respectively. Over a year, the stock moved up by 40.11%. It has given 524.27% multibagger returns in 3 years. In 5 years, it gave 53.71% positive returns.

Disclaimer

The stocks have been sourced from NSE. Greynium Information Technologies, the Author and the brokerage are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.