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What if I say you,

WIPRO SHARES: Rs 10,000 Worth is now =  Rs 400,00,00,000 (four hundred Crores)
 
Nope don’t blink your eyes! It’s very much true.
 
Patience can conquer destiny, says an Irish saying. Apt in aspects of life, this saying is more relevant to the stock market. Until a few years ago, the stock market was, in people’s mind, closely associated with gambling. That impression is now replaced with an intelligent activity involving skill, timing, monitoring and analysis.
 
The Share market is replete with instances of windfalls and bonanzas that script genuine rags to riches sagas. The rags to riches stories, courtesy the stock market, are after all not as common as those investors ruined in what is crudely known as the “satta bazaar”. So, what exactly is the mystery of the stock market? Is it manipulations, machinations, scheming, or is there something more and beyond?
 
Studies have proved, time and again, that shares or equities are one of the best long-term investments in the financial market place, tending to outperform government bonds, corporate bonds, property and many other types of asset.
 
Share prices fluctuate and hence buying shares is not without risk. But over the long term, they can generate good returns. The fast track route to multiplying money is to invest in shares and be patient. Just as one of the investors did, only to emerge as a very rich man reaping the bounty of the bourses.
 
He had invested in 100 shares of WIPRO company at a face value of Rs 100 in 1980.
 
The initial investment was Rs 10000/-
 
In 1981, the Company declared 1:1 Bonus =so now he had 200 shares
 
In 1985, the Company declared 1:1 Bonus  = so now he had 400 shares
 
In 1986, the Company split the share to Rs 10  = he hence had 4000 shares
 
In 1987, the Company declared 1:1 Bonus = he had 8000 shares
 
In 1989, The Company declared  1:1 Bonus =so now he had 16000 shares.
 
In 1992 , The Company declared 1:1 Bonus = he accumulated 32000 shares
 
In 1995, The Company declared 1:1 Bonus = he then had 64000 shares
 
In 1997, The Company declared 2:1 Bonus = he held 192000 shares
 
In 1999, The Company split the share to Rs 2 = he acquired 960,000 shares
 
In 2004, The Company declared 2:1 Bonus = he now had  28,80,000 shares
 
In 2005, The Company declared 1:1 Bonus = he now had 57,60,000 shares
 
In 2010, The company declared 2:3 Bonus = that comes to 96,00,000 shares
 
The CMP is Rs 374 as on 28-10-2011.
 
The shares are valued at Rs 400 Crores approx
 
And less the initial investment of Rs 10,000, the appreciation stood at Rs 399,99,90,000.
 
His destiny changed. Thanks to his PATIENCE.
 
Some other shares which gave stellar returns are:
 
If you had invested Rs 10,000 in Infosys shares in 1992, you would be richer by Rs 1.5 crore today.
 
If you had invested Rs 1,000 in Ranbaxy in 1980, you would have got Rs 1.9 crore today!
 
Food for thought:-  Rightly said by Ralph Marston that “The keys to patience are acceptance and faith. Accept things as they are, and look realistically at the world around you. Have faith in yourself and in the direction you have chosen.”
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Category Shares & Stock, Other Articles by - Lalit Kumar 



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