Wipro Share Price trend from 1980 to 2024 | Bonus and Split History Explained
Wipro, short for Western India Products, is a globally renowned Indian multinational company, founded in 1945 by Mohamed Premji. Over the years, Wipro has diversified its business into various sectors, including IT services, consulting, healthcare, personal care, furniture, and more. Headquartered in Sarjapur, Bangalore, Wipro is a major player in India’s corporate landscape. This article provides a detailed analysis of Wipro’s share price history, bonus and stock split history, and the astounding potential returns on a ₹10,000 investment made in 1980.
Wipro Share Price in 1980: A Historical Perspective
In 1980, the Wipro share price was ₹100. While ₹100 may seem insignificant today, it represented a substantial sum back then. Investors who purchased Wipro shares in 1980 and held them long-term have experienced extraordinary growth, with those shares multiplying exponentially due to the company’s bonus issues and stock splits over the years.
Wipro Share Price History (1980 – 2022)
The table below highlights key moments in Wipro’s share price history:
| Year | Wipro Share Price |
|---|---|
| 1980 | ₹100 |
| 1995 | ₹2 |
| 1999 | ₹114 |
| 2000 | ₹388 |
| 2010 | ₹187 |
| 2021 | ₹738 |
| 2022 | ₹468 |
Wipro Share Bonus and Split History
Wipro’s stock has undergone several bonus issues and stock splits, resulting in exponential growth for long-term investors. Here’s a breakdown of Wipro’s bonus and split history:
| Year | Event | Total Shares |
|---|---|---|
| 1980 | Initial Investment | 100 shares |
| 1981 | 1:1 Bonus | 200 shares |
| 1985 | 1:1 Bonus | 400 shares |
| 1986 | Share split to FV ₹10 | 4,000 shares |
| 1987 | 1:1 Bonus | 8,000 shares |
| 1997 | 2:1 Bonus | 1,92,000 shares |
| 1999 | Share split to FV ₹2 | 9,60,000 shares |
| 2004 | 2:1 Bonus | 28,80,000 shares |
| 2005 | 1:1 Bonus | 57,60,000 shares |
| 2010 | 2:3 Bonus | 96,00,000 shares |
| 2017 | 1:1 Bonus | 1,92,00,000 shares |
| 2019 | 1:3 Bonus | 2,56,00,000 shares |
If you had invested ₹10,000 in Wipro in 1980, you would have started with 100 shares. Due to stock splits and bonus issues, those 100 shares would now be worth a staggering 2,56,00,000 shares. At the current share price of ₹559, the total value would be ₹1,431 crores.
Wipro Share Price Milestones
Here’s a closer look at key price points in Wipro’s history:
- Wipro Share Price in 1980: ₹100
- Wipro Share Price in 1999: ₹114 (before dot-com boom)
- Wipro Share Price in 2010: ₹187 (major growth phase)
- Wipro Share Price in 2021: ₹738 (peak value)
- Wipro Share Price in 2022: ₹468 (after market corrections)
How Much Would ₹10,000 Invested in Wipro in 1980 Be Worth Today?
If you had invested ₹10,000 in Wipro shares in 1980, your investment would have grown into 2,56,00,000 shares due to multiple stock splits and bonus issues. Given today’s share price of ₹559, your initial ₹10,000 investment would now be worth approximately ₹1,431 crores. This incredible return demonstrates the power of long-term investing in a blue-chip company like Wipro.
₹1 Lakh Invested in Wipro: 2000 vs 2020
Timing plays a crucial role in stock market investments, even for well-established companies like Wipro. Let’s compare how investing ₹1 lakh at different points in time would have yielded vastly different returns:
1 Lakh Invested in Wipro in January 2000
- Wipro Share Price in Jan 2000: ₹388
- After 22 years (in 2022), your investment would have grown to ₹2.8 lakhs, representing a 4.8% annual return over the 22-year period.
1 Lakh Invested in Wipro in January 2020
- Wipro Share Price in Jan 2020: ₹250 (approximately)
- By 2022, your investment would have grown to ₹2.8 lakhs, delivering a staggering 67% return in just two years.
This comparison highlights the importance of timing in investing, even with a long-term perspective. While Wipro has been a strong performer over decades, significant growth occurred in specific periods, such as the bull run from 2020 to 2022.
Is Wipro a Good Long-Term Investment?
Yes, Wipro has proven to be a solid long-term investment. Over the past four decades, the company has consistently rewarded shareholders through dividends, stock splits, and bonus issues. Investors who purchased shares early and held them for the long term have seen remarkable returns.
Wipro’s growth, strong fundamentals, and leadership in IT services make it an attractive choice for long-term investors. By holding shares for an extended period, investors have benefited from compounding growth and capital appreciation.
Wipro Share Price Targets for 2022, 2025, and 2030
Financial analysts and market experts have set the following price targets for Wipro:
| Year | Target 1 | Target 2 |
|---|---|---|
| 2022 | ₹557 | ₹655 |
| 2023 | ₹854 | ₹925 |
| 2025 | ₹1,203 | ₹1,504 |
| 2030 | ₹1,850 | ₹1,975 |
| 2040 | ₹2,699 | ₹2,854 |
Conclusion
Wipro has established itself as one of the most successful companies in India. Its share price has seen significant growth, especially for those who invested early and held on. Through a series of bonus issues and stock splits, Wipro has delivered enormous returns to its shareholders.
If you had invested ₹10,000 in Wipro in 1980, you would be sitting on a fortune worth ₹1,431 crores today. This growth highlights the potential of long-term investments in well-established companies.
For those looking for a reliable, long-term investment, Wipro continues to be a promising stock, with future price targets indicating steady growth. Investing in Wipro now and holding the stock for several years could still yield healthy returns, given the company’s track record and market position.
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