*How an investment of Rs.10000 grew to Rs.700 Crores in 37 years*
*Power of equity*
*Power of long term investing*
*Power of patience*
How 10000 invested became 700 crores in WIPRO
An investment of Rs.10,000 into 100 shares of Wipro in year 1980, held until now as it is without any action is now worth about Rs.576 crores (Google it so you can believe us)
This is a classic example to aspiring investors. If there is downside risk of investment going down to zero, there is upside potential of literally infinity.
Wipro has rewarded it’s shareholders on a very regular basis in the form of bonus, stock splits, dividends. Please go through the below table in order to understand the Wipro journey over years.
_YEAR ACTION NUMBER OF SHARES_
1980 Initial Investment =100 (Face Value Rs.100)
1981 1:1 Bonus =200
1985 1:1 Bonus =400
1986 Stock split to FV Rs.10 =4,000
1987 1:1 Bonus =8,000
1989 1:1 Bonus =16,000
1992 1:1 Bonus =32,000
1995 1:1 Bonus =64,000
1997 2:1 Bonus =1,92,000
1999 Stock split to FV Rs.2 =9,60,000
2004 2:1 Bonus =28,80,000
2005 1:1 Bonus =57,60,000
2010 2:3 Bonus =96,00,000
2017 1:1 Bonus =192,00,000
Rs.300/Share × 192,00,000 shares = Rs.576,00,00,000 or about Rs.576 crores.
125,00,00,000 Rs. Dividends earned in 37 Years
So 576 + 125 = 701 Crores
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I m bemuzed,terrific growth,this is the strength of real peaceful investment pls guide us for such great invstmnt opportunities
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