Wipro Share Price in 1980 : WIPRO stands for Western India Products. It was founded by Mohamed Premji in 1945 in Maharashtra. Wipro is one of the top-level multinational companies in India. They sell a variety of products, with their main four being Lighting, Furniture, Healthcare, and Personal Care. Additionally, they offer services such as Consulting, IT Services, Outsourcing, and Managed Services. The company’s headquarters is located in Sarjapur, Bangalore, Karnataka, India.
In this article, we will explore Wipro’s share price in 1980, its bonus and split history, and the potential wealth accumulation if ₹10,000 was invested in Wipro in 1980.
Wipro Share Price in 1980
Year-Wise Share Price
Year | Wipro Share Price in 1980 |
---|---|
1980 | ₹100 |
Wipro’s share price in 1980 was ₹100. At that time, ₹100 had a high purchasing power. Investors who trusted Wipro in its early days and held their shares until now (2022) have seen astronomical returns, turning them into crorepatis.
Wipro Share Price in 2010
Year-Wise Share Price
Year | Wipro Share Price in 2010 |
---|---|
2010 | ₹187 |
By 2010, Wipro’s share price had grown to ₹187. During this period, the stock gained immense popularity among Indian investors.
Wipro Share Price History (1980 to 2022)
Year-Wise Share Price Data
Year | Share Price (₹) |
---|---|
1995 | 2 |
1996 | 1 |
1997 | 4 |
1998 | 18 |
1999 | 114 |
2000 | 388 |
2001 | 115 |
2002 | 71 |
2003 | 67 |
2004 | 87 |
2005 | 105 |
2006 | 150 |
2007 | 155 |
2008 | 120 |
2009 | 157 |
2010 | 187 |
2011 | 186 |
2012 | 169 |
2013 | 210 |
2014 | 233 |
2015 | 254 |
2016 | 227 |
2017 | 237 |
2018 | 257 |
2019 | 301 |
2020 | 390 |
2021 | 738 |
2022 | 468 |
₹10,000 Invested in Wipro in 1980: Bonus and Split History
Wipro Share Bonus and Split History
Year | Activity | Total Shares |
---|---|---|
1980 | Initial Investment | 100 |
1981 | 1:1 Bonus | 200 |
1985 | 1:1 Bonus | 400 |
1986 | Share split to FV ₹10 | 4,000 |
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 FV ₹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 |
2017 | 1:1 Bonus | 1,92,00,000 |
2019 | 1:3 Bonus | 2,56,00,000 |
If ₹10,000 was invested in Wipro in 1980, you would have 100 shares. After splits and bonuses, those 100 shares would now be 2,56,00,000 shares.
Current Value Calculation
With Wipro’s current price around ₹559, the value of the investment would be:
₹559 × 2,56,00,000 = ₹14,31,04,00,000 (₹1,431 crore)
Is Wipro a Good Investment?
Yes, Wipro has proven to be a great investment due to its consistent growth and shareholder rewards. Historical data shows that Wipro has delivered higher highs, benefiting long-term investors.
Key Takeaway
Invest in fundamentally strong companies and hold them for the long term to maximize returns.
Wipro Share Price Targets (2022-2040)
Predicted Share Price Targets
Year | Price Target 1 (₹) | Price Target 2 (₹) |
---|---|---|
2022 | 557 | 655 |
2023 | 854 | 925 |
2025 | 1,203 | 1,504 |
2030 | 1,850 | 1,975 |
2040 | 2,699 | 2,854 |
FAQ
What was Wipro’s share price in 1980?
Wipro’s share price in 1980 was ₹100.
How much would ₹10,000 invested in Wipro in 1980 be worth now?
₹10,000 invested in Wipro in 1980 would be worth around ₹1,431 crore in 2022.
How many times has Wipro’s share split?
Wipro’s shares have split six times between 1980 and 2022.
When did Wipro enter the stock market?
Wipro made its initial public offering in 1946.
Conclusion
This article highlighted Wipro’s share price in 1980, its bonus and split history, and its exceptional growth. An investment of ₹10,000 in 1980 would now be worth over ₹1,431 crore, demonstrating the immense potential of long-term investments in quality companies like Wipro.
Wipro’s consistent growth, shareholder rewards, and strong fundamentals make it a great investment for long-term investors.