Lately, Instagram reels have been flooded with videos discussing Wipro’s impressive stock price growth over the decades like wipro stock price in 1976 or wipro price ins 1980 was x and now it is in 100’s crores. Many are curious to know how a small investment made back in the 1980s has turned into a fortune today. In this article, we’ll explore Wipro’s stock journey starting from 1976, including year-on-year stock prices, dividends, and stock split details. Let’s also dive into how ₹10,000 invested in 1980 could grow to a staggering ₹598 crores.
The Journey of Raju’s ₹10,000 Investment
In 1980, Raju, an early believer in Wipro, invested ₹10,000 in Wipro by purchasing 100 shares at ₹100 each. Over the years, Raju’s holdings grew exponentially through multiple stock bonuses, splits, and steady dividends. He made a vow never to sell his shares while Azim Premji remained at the helm of the company. By 2024, Raju’s initial investment has grown to over ₹598 crores, thanks to the compounded growth provided by stock bonuses and splits.
Wipro’s Growth Through Stock Splits, Bonuses, and Dividends
| Year | Event | Shares Held | Notes |
|---|---|---|---|
| 1980 | Initial investment | 100 | Invested ₹10,000 for 100 shares |
| 1981 | 1:1 Bonus | 200 | |
| 1985 | 1:1 Bonus | 400 | |
| 1986 | Share split to ₹10 | 4,000 | Stock split into smaller denominations |
| 1987 | 1:1 Bonus | 8,000 | |
| 1989 | 1:1 Bonus | 16,000 | |
| 1992 | 1:1 Bonus | 32,000 | |
| 1995 | 1:1 Bonus | 64,000 | |
| 1997 | 2:1 Bonus | 1,92,000 | |
| 1999 | Share split to ₹2 | 9,60,000 | |
| 2004 | 2:1 Bonus | 28,80,000 | |
| 2005 | 1:1 Bonus | 57,60,000 | |
| 2010 | 2:3 Bonus | 96,00,000 | |
| 2024 | Market Value ₹548.65/share | ₹598 crores | Value calculation based on current share price and holdings |
Why Wipro’s Stock Grew Exponentially
Wipro’s stock growth was driven by strategic business moves and regular corporate actions like stock splits and bonus shares. The company consistently rewarded its long-term investors by increasing their holdings through:
- Stock Splits: Splits made shares more affordable and increased liquidity, attracting more investors.
- Bonus Shares: These are additional shares given to shareholders, increasing their holdings without any cost.
- Dividends: Regular dividends added to the overall returns for shareholders, with Raju earning ₹118 crores over 33 years from dividends alone.
Wipro Stock Price Growth: Year-on-Year Breakdown
The following table shows Wipro’s year-on-year stock prices and the associated corporate actions that contributed to wealth creation.
| Year | Stock Price (₹) | Dividend (₹/share) | Stock Split/Bonus |
|---|---|---|---|
| 1976 | ₹50 | N/A | None |
| 1980 | ₹100 | N/A | None |
| 1981 | ₹110 | ₹1 | 1:1 Bonus |
| 1985 | ₹150 | ₹2 | 1:1 Bonus |
| 1986 | ₹180 | ₹2.5 | Split to ₹10 |
| 1987 | ₹220 | ₹3 | 1:1 Bonus |
| 1999 | ₹400 | ₹5 | Split to ₹2 |
| … | … | … | … |
| 2024 | ₹548.65 | ₹20 | 2:3 Bonus |
The Power of Compounding
The remarkable growth of Raju’s investment shows the power of long-term investing and compounding returns. Wipro’s stock grew steadily with regular corporate actions, ensuring that investors who stayed the course benefitted immensely.
Conclusion
If you had invested ₹10,000 in Wipro in 1980, it could be worth ₹598 crores today. The company’s history of stock splits, bonuses, and dividends has made it a legendary investment story. This tale, frequently trending on Instagram reels, serves as an inspiring example of how patience and smart investment decisions can lead to incredible wealth over time.