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.
Btw:Sorry for not able to reply to the ones who wished me on my 25th birthday.1700 odd mails with incessant sms made me real helpless.Thanx a great deal folks.You guys mean a lot to me.Be in touch and have a lively and rocking Holi.