In this article, we are talking about Wipro Share Price History From 1980 to 2023. Mohamed Premji established Western India Products, or WIPRO in Maharashtra in 1945.
Wipro is One of Indiaโs leading multinational corporations. They market a wide range of goods under their four primary categories: lighting, furniture, health care, and personal care.
In addition, they provide managed services, consultancy, and services. Sarjapur, Bangalore, Karnataka, India is their main headquarters.
Wipro Share Price History From 1980
In 1980, a share in Wipro cost just one hundredย rupees. A hundred rupees was worth a lot back then.
Investors at Wipro would have made significant gains if they had held onto their shares from 1980 (2022).
Due to their steadfast refusal to ever sell their Wipro shares, many investors in this firm end up becoming crorepatis.
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Wipro Share Price History From 1980 to 2022
Year | Wipro share price 1980 to 2022 |
1995 | 2 Rupees |
1996 | 1 Rupee |
1997 | 4 Rupees |
1998 | 18 Rupees |
1999 | 114 Rupees |
2000 | 388 Rupees |
2001 | 115 Rupees |
2002 | 71 Rupees |
2003 | 67 Rupees |
2004 | 87 Rupees |
2005 | 105 Rupees |
2006 | 150 Rupees |
2007 | 155 Rupees |
2008 | 120 Rupees |
2009 | 157 Rupees |
2010 | 187 Rupees |
2011 | 186 Rupees |
2012 | 169 Rupees |
2013 | 210 Rupees |
2014 | 233 Rupees |
2015 | 254 Rupees |
2016 | 227 Rupees |
2017 | 237 Rupees |
2018 | 257 Rupees |
2019 | 301 Rupees |
2020 | 390 Rupees |
2021 | 738 Rupees |
2022 | 468 Rupees |
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10,000 Invested in Wipro in 1980 vs 2023
If you had put 10,000 rupees into Wipro in 1980, you would have gotten 100 shares of the business.
After dividends, share splits, and bonuses from 1980 to 2022, your initial 100 Wipro shares have increased in value by 2.56 million.
This is a significant quantity of shares. The current price of Wipro, which is around 406ย Rupees, multiplied by 2,56,00,000, is 10,393,600,000ย Rupees.
Is Wipro a good investment?
Yes, Wipro is a smart investment since it has seen several high points since it was founded, and the accompanying tables show how much money you might have gained if you had bought Wipro stock in 1980.
What do you gain from this development? Simply make investments in trustworthy companies and keep them for a very long period.
Wipro has a lot of potentials to produce healthy earnings for its owners, thus we urge long-term investors to buy this stock.
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F.A.Q.
What was Wipro share price in 1980?
In 1980, Wiproโs share price was 100 INR.
Is Wipro a good investment for the long term?
For the quarter that ended September 30, 2022, Wipro had long-term investments worth $0.270 billion, up 44.39% over the previous year.
The amount of Wiproโs long-term investments in 2022 was $0.262B, up 58.79% from 2021.
What will be the share price of Wipro after 5 years?
Onย 2023-01-23, the Wipro Ltd. quotation is worth 406ย Indian rupees.
According to our projections, โWipro Ltdโ Wipro share price target long term is predicted to improve and will be 803.545 INR on January 14, 2028.
The income with a 5-year investment is anticipated to be about +102.84%.
What is the future of Wipro?
However, Wipro has made public its intentions for growth, which heavily favor new technology. The business disclosed its aspirations to venture into Web3, metaverse, AI, and robots.
This is one of the reasons behind giving Wipro share price target long term. These all technologies are used in the future. Wipro is going to be a big tech giant in the future very soon.
Is Wipro fundamentally strong?
WIPRO is one of the top 35% of companies with good fundamentals.
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Conclusion
The above article offered data on Wiproโs share price across time, with an emphasis on 1980 and 2022.
We also discussed the potential financial rewards of investing 10,000 rupees in Wipro in 1980. It is amazing.
Not much attention was paid to Wiproโs founder, the region in which theย company was founded, or its main offerings.
We also provide Wipro share price target long term for your best future if you trust Wipro and want to invest in it.