Shares of TCNS Clothing – which operates popular womenswear brands W and Aurelia – have been having a good week at the bourses as the shares of the company have jumped over 5% in the last five sessions.
Today the fashion retailer saw its price skyrocket over 9% to reach an intraday high of ₹499.95.
So, with this surge how much would you have now if you bought shares of the Aurelia parent instead of that Holi kurti last month?
On average a cotton kurti from Aurelia costs around ₹1,000-₹1,500. Now if you invested ₹1,500 in TCNS Clothing on February 8, at the closing price of ₹479.90, you would have received three shares of the company. Since then the company’s share price has climbed up around 4% which would mean that your initial investment of ₹1,439.70 would be worth around ₹1,500 today.
If the stock rebounds to its 52-week high of ₹876.45, your initial investment would be worth ₹2,629.35 which translates to a massive 82% return on investment.
The stock also hit its 52-week low of ₹431.60 last month on Feb. 15. If you bought the share then you would have invested ₹1,300 for the three shares, and with today’s surge, your investment would have grown 16%. If the share price hits the 52-week high your investment would double.
Price Action: Shares of TCNS Clothing were up 7.62% to trade at ₹491.25 in the afternoon hours of trading on Wednesday.
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