News for Automotive Stampings and Assemblies Limited (ASAL.NS)

The company's market cap stands at Rs 1,539 crore. An investment of Rs 1 lakh in this share four years ago would now be worth over Rs 50 lakh.

The last Tata firm to go public was TCS in 2004. Since then, Titan Company has seen the biggest gains, jumping a whopping 49,395 per cent

With a rally of 105.50 per cent, TRF is the top grosser among the Tata group stocks. Shares of the company jumped to Rs 289.75 on September 29, 2022 from Rs 141 on December 31, 2021.

Tata group companies have been some of the leading stocks this year on NSE to give high returns to the shareholders. Here top two Tata stocks have been discussed, those became multibagger in the last 1 year, giving upto 750% return.

Stock of Automotive Stampings & Assemblies has delivered stellar returns to investors in the last one year. The stock, which is part of the Tata Group, closed at Rs 578.05 on April 22, 2022 against Rs 31.65 on April 22, 2021, translating into a gain of 1,726 per cent during the period. In comparison, Sensex gained 18.96 per cent in one year.

Read more about Auto ancillary stocks in radar on hopes of fresh demand from OEMs on Business Standard. Shares of companies dealing in auto ancillaries have seen a firm uptick recently as their business outlook seems to have turned bright on hopes of rapid adoption of electric vehicles.

Of late the auto industry faced a severe chip crisis, nevertheless with the improvement in supply of chips as well as rebound in vehicle sales the outlook for the sector has improved. And if the auto industry flourishes, auto ancillary will also get its due share