Top 11 Wonders of the Indian Stock Market Make You Crorepati with INR 10000 invest
INR ₹ 10000 invested in WIPRO in 1981 Year Today Valued Rs.447 crores
INR ₹ 10000 invested in DR. REDDY in 1986 Year Today Valued Rs.10 crores
INR ₹ 10000 invested in Infosys in 1993 Year Today Valued Rs.3 crores
INR ₹ 10000 invested in SHREE CEMENT in 1990 Year Today Valued Rs.2.90 crores
INR ₹ 10000 invested in AMARA RAJA in 1991 Year Today Valued Rs.1.25 crores
INR ₹ 10000 invested in BOSCH in 1985 Year Today Valued Rs.1.20 crores
INR ₹ 10000 invested in MRF in 1985 – Year Today Valued Rs.1.10 crores
INR ₹ 10000 invested in BRITANNIA in 1985 -Year Today Valued Rs.1.06 crores
INR ₹ 10000 invested in HDFC in 1990 Year Today Valued Rs.1 crores
INR ₹ 10000 invested in ASIAN PAINTS in 1986 Year Today Valued Rs.90 lacs
INR ₹ 10000 invested in EICHER MOTORS in 1992 Year Today Valued Rs.80 lacs
Dividend income Extra
For example, WIPRO
If you thought that tax-free Rs.447 crores out of a meagre investment of Rs.10,000 was unbelievable, here comes another shocker. Every year the company announces dividends from its operating profits for its shareholders. As a shareholder, you would also get this benefit for how many ever stocks you hold.
For example, last year 2016 (calendar year), the company announced total of Rs.6 per share. Multiply this with the number of shares you hold and this will be automatically credited to your bank account.
Rs.6 × 96,00,000 = Rs.57600000 or Rs.5.76 crores for the year 2016.
|Year||Action||Number of Shares|
|1986||Stock split to FV Rs.10||4,000|
|1999||Stock split to FV Rs.2||9,60,000|
After the year 2010, there were no more bonuses or stock splits. But with just that initial investment of Rs.10,000 (100 shares) you now would end up with 96,00,000 shares of the company because of all the stock splits and bonus shares. Current stock price of Wipro is about Rs.466.50 per share, as of 09 Feb, 2017.