The bear market is tightening its grip on the Indian Stocks in 2022 and the majority of the shares listed in the Indian stock market are currently trading at discount. Even the mighty tata stocks are hit by the bear market and most of its publicly listed companies have not given any positive returns so far in 2022.
If we look into the performance of the top Tata companies in 2022: TCS (-18.70%), Tata Motors (-21.51%), Tata Steel (-20.61%), Tata Communications (-39.67%), Titan Company (-23.31%) and Voltas (-22.15%). Only 4 out of 24 listed Tata Stocks have given positive returns in 2022 and generated wealth for the shareholders so far in 2022:
Tata Elxsi
Tata Elxsi is a multibagger stock that operates in the IT Software industry and has given a return of 32.26% in 2022. It is the best performing Tata Stock so far in 2022 and in the last 5 years it has given a return of 868.47% to its shareholders. Tata Elxsi shares are currently trading at the share price of Rs 7,795.20 a piece.
Oriental Hotels Limited
The shares of Oriental Hotels Limited have given a return of 16.54% in 2022 YTD. It is a microcap company in the Hotel & Resorts industry with a market cap of Rs 965 Cr primarily engaged in owning, operating & managing hotels, palaces, and resorts. The company operates all its brands under the IHCL brands of Taj, SeleQtions, Vivanta and Gateway. The company is currently trading at the price of Rs 54.25 per share.
Tinplate Company of India
Tata Tinplate, listed as The Tinplate Company of India Limited, is a subsidiary of Tata Steel Ltd and the producer of tin-coated and tin-free steel sheets in India. The shares of Tinplate Company of India have given a return of 16.19% in 2022 YTD and a multibagger return of 257.21% in 5 years. The company is currently trading at a share price of Rs 322.20 apiece and a market cap of Rs 3,376.05 Cr.
Indian Hotels Company Limited
The Indian Hotels Company Limited is a Tata Group Company that operates as an Indian hospitality company and manages a portfolio of hotels, resorts, jungle safaris, etc. The shares of IHCL have given returns of 16.00% in 2022 YTD and 64.62% in the last one year.
