Wipro Multibagger stock

Wipro is an indian multinational corporation that provides information technology, consulting and business process services. It's  headquarter is located in Bangalore,  karnataka, india.

The company was incorporated on 29 December 1945 in Maharashtra.( about 74 years ago).

In 1966, after Mohamed Premji's death, his son Azim Premji took over Wipro as its Chairman at the age of 21.

During the 1970s and 1980s, the company shifted its focus to new opportunities in the IT and computing industry, which was at a nascent stage in india at the time. On 7 june 1977, the name of the company changed from western india vegetable products limited. To wipro products limited. In 1982 the name was changed again from wipro products limited to wipro limited.

In 1988 wipro added mobile hydraulic cylinders and heavy duty industrial cylinders to its line of products.  A joint venture company with the United states General Electric in the name of wipro GE Medical Systems pvt. Ltd.

In 1995 wipro set up an Overseas design centre, Odyssey 21, for the projects of overseas clients. Wipro infotech  and Wipro systems were amalgamated with wipro in April. Five of Wipro's manufacturing and development facilities secured the ISO 9001 certification during 1994-1995.


In February 2002, wipro became the first software technology and services company in india to he ISO 14001 Certified.  In 2008 , wipro entered the clean energy business with wipro Eco Energy.

In April 2011, Wipro signed an agreement with Science Applications International Corporation for the acquisition of their global oil and gas information technology practice.  In 2012, Wipro employed more than 70000 temporary workers in the US.

In 2019, Wipro consumer care and the Anghortaleza Corporation signed a share purchase agreement for the sale of 100% of the latter's stake in the personal care business of splash Corporation,  the companies announced on monday, April 29. Wipro partnered with moog soft, a AIOs company.

You will definitely be shocked if I told you someone turned 10000rs to 3,69,00,00,000rs (369 crore)

You will Definitely ask me who has done it ?

Well I don't have proper Data on this. But I can say promoters of the company has done it.

 Turning 10000rs into 369cr is same as growing your money 49%  year on year for 32 consecutive years

You might not trust on this, but we have proper data which will prove you that it is true and promoters has done this.

If you had investment of 10000rs on 1980 and you bought shares of wipro at 100rs per each so you will have 100shares of wipro.

1980- 100 shares in your Dmat account

1981- wipro gave 1:1 bonus = 200 shares in your Dmat account

1985- again 1:1 bonus= 400 shares

1986- stock splits = 4000 shares

1987- again 1:1 Bonus= 8000 shares

1989- again 1:1 bonus shares = 16000 shares

1992- again 1:1 bonus shares= 32000 shares

1995- again 1:1 bonus shares  = 64000 shares

1997- 2:1 bonus shares= 1,92,000 shares

1999- stock splits to rs 2 face value= 9,60,000 shares

2004- 2:1 bonus share= 28,80,000 shares

2005- 1:1 bonus share= 57,60,000 shares

2010- 3:2 bonus share= 96,00,000 shares

Value of one wipro is around rs 385
So total value of your investment of 10000 in 1980 is about 369600000rs.

And we are not done yet.
Wipro pays regular dividend to the shareholders. Last  year wipro paid dividend 6rs per share so you would have 5.76crore dividend. Just imagine how much could you have made from dividends alone in last 32years.

You can't go back to 1980 and buy wipro.
But can dene