Can you believe an investment of Rs. 9500 in 1991 in Infosys is worth 5.15 crores today!!!!!. Did any company anywhere in the world create wealth of this magnitude to the investors? Your views?
Infosys is currently trading at Rs. 2800 (BSE) which is close 30 times of its IPO price But more than that it has given handsome dividends quarter on quarter. And dont forget the bonuses and splits that this share has gone through.
Another Indian company that comes to mind is Titan Industries. I don't think it needs any elaboration on this well known brand with a wide array of products. This is another stock that has brought tremendous amount of wealth to those who remained invested in it for the last two decades:
Will give you a record of how one would have entered into this stock and held it:
Investment - Rs. 9000/- + 1500/- + 1880/- + 7980/- = Rs. 20360/-
1987 - 30 Debentures of Rs. 300/each for Rs. 9000. 100/- convertible portion of each debenture into shares at par Rs.10/each - Total Shares allotted - 300
1989 - Rights issue 1 Debenture of Rs. 500/- for every 100 shares. Would have got 3 Debent ...more