The Indian Stock Market

[ghulam muhammed]

Company Name: M/s. WIPRO Ltd.

Face Value of Share (at the time of IPOin 1980): Rs.100/- (shares were issued at par value). Assuming someone has subscribed for 100 shares, he/she would have invested an amount of Rs.10,000/-. The company which had multiple business verticals, became an IT focused entity from 1980 onwards. (the irony was, in 1980 there were no takers for this share and the share was quoting @ Rs.80/- each for a long time [20% discount to the issue price] on account of negative market sentiments).

1981 : 1:1 bonus = 200 shares

1985 : 1:1 bonus = 400 shares

1986 : Stock split to Rs.10/- = 4000 shares

1987 : 1:1 bonus = 8000 shares

1989 : 1:1 bonus = 16000 shares

1992 : 1:1 bonus = 32000 shares

1995 : 1:1 bonus = 64000 shares

1997 : 1:2 bonus = 192,00 shares

1999 : Stock split to Rs.2/- = 960,000 shares

2004 : 1:2 bonus = 28,80,000 shares

2005 : 1:1 bonus = 57,60,000 shares

2010 : 1:1 bonus = 1,15,20,000 shares (i.e. 100 shares has grown to 11.52 million shares)

The current market price of Wipro Ltd. shares is. Rs.469.90 (as on 27th November 2013). If the investor has kept his investments intact, the current value of his initial investment will be Rs.541.32 crores. This is not to suggest that all stocks will have similar stories. Holding on to quality stocks and funds, patiently will deliver superior returns over a long period of time. (Source: The Economic Times)

[incredible]

Being in financial markets from last 7 years I can say this is just hypothetical even fund managers dont hold any stocks these many years.

[ghulam muhammed]

Being in financial markets from last 7 years I can say this is just hypothetical even fund managers dont hold any stocks these many years.

Iam also active in financial markets and I agree with you but with the same token I would like to say that I know a few Parsis who have managed to retain shares of certain companies since decades and are reaping rich rewards !!