Wipro Ltd:- How 1000rs investment translated to 50crores
Stock markets are in a depressing mood with quality counters getting
hammered for some unknown reasons.I have never seen such retail aversion
towards stocks over the last decade or so.Here' something which will
surely brighten up faces and lighten up your mood.
1000 invested in "Wipro ltd" during 1980's turns up to 50crs now.Nay, that wasn't a crumbling PJ.
Wipro
came out with its IP0 at 100 bucks in the year 1980.Your
cohorts/associates/relatives/in laws/acquaintances may have delinquently
applied for it and received 10 shares in allotment.Check how it changed
their lives.
In 1981 company declared 1:1 bonus = 10 shares turn 20 shares
In 1985 company declared 1:1 bonus = 20 shares to 40 shares
In 1986 company split FV from 100 to 10 = 40 transformed to 400 shares
In 1987 company declared 1:1 bonus = 400 to 800 shares
In 1989 company declared 1:1 bonus = 800 to 1600 shares
In 1992 company declared 1:1 bonus = 1600 doubles to 3200 shares
In 1995 company declared 1:1 bonus = 3200 to 6400 shares
In 1997 company declared 1:2 bonus = 6400 triples to 19200 shares
In 1999 company split FV from 10 to 2 = Shares increased 5 times to 96000 shares
In 2004 company declared 1:2 bonus = It increases to 288000 shares
In 2005 company declared 1:1 bonus =Doubles to 576000 shares
In 2010 company declared 3:2 bonus = Shares increases to 960000 shares
So whoever invested 1000 bucks in Wipro in the 1980's would have 9.6
lakhs shares now.Wipro on today quotes around 440rs.So 440*9.6 lakh
shares would come to a value of 42crs 25 lakhs.Adding up dividends would
escalate the figure to around 50crs.
So its not only the
Jhunjhunwalas or the Buffets who can make millions and billions.By
harnessing the power of your logic and combining it with a bit of the
business study, you can make enormous wealth too in stock markets.All
you have to do is create enough discipline and have the required
conviction in your mind.Worst times would always provide the chances of
making best of returns in the better period.So relax and have everything
into alignment to win big from the stock markets.Happy investing folks.
