guys guys just look at the returns!! just cant miss it

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hello guys i just wanted to disuss the kind of wealth that INFOSYS have created for its shareholders over a period from its inception. a fact: infy toook 23 long years to reach $1bn mark. and reached $2bn mark in just next 2 years (ecpec...
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hello guys

i just wanted to disuss the kind of wealth that INFOSYS have created for its shareholders over a period from its inception.

a fact: infy toook 23 long years to reach $1bn mark. and reached $2bn mark in just next 2 years (ecpected at this year end).
isnt it amazying........

the actual story:

infy came with and ipo @ 95 per share which was being unfortunately undersubscribed.
suppose if a person buys 100 shares @ 95/share 13years ago.
total amount invested is about rs 9500 only.

after that infy has anounced bonus shares 3 times.so the effect is as:

holding 100 shares
1st bonus 200 shares
2nd bonus 400 shares
3rd bonus 800 shares


after that they went for a stock split of 50%. so due to which the holding went to 1600 shares.

at the time of reaching $1bn mark infy gave 3 bonus shares for every on share held. so the holding shoot to 6400 infy shares today.

now just calculate the returns:

market price as on 13/4/2006 rs 3018/ share
shares holding *6400 shares
_______________________________________
total net worth of it rs 1,93,15200
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guys just look at it .
its close to 2 crores.

net worth of about 2 crores of money (rs 9500) invested 13 yeas ago.


isnt it amazying!!!!!!!!!!!!!!!!!

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