I am sure you must have seen the famous example of how Rs 10,000 invested in WIPRO turned out to be Rs 500 crore in 2019. That’s a massive wealth.
First of all, note that it’s not just WIPRO that has created massive wealth for its investors. There are many other examples as well, like
- CIPLA: Investments of Rs 10,000 in 1979 will fetch 95 crore
- INFOSYS: Investments of Rs 10,000 in 1992 will fetch Rs 1.5 crore
- RANBAXY: Investment of Rs 10,000 in 1980 will fetch Rs 19 crore
- HDFC BANK: Investment of Rs 1 lac in 1995 will fetch Rs 8 crore
While there are some examples of people who were able to hold the stock for 35-40 yrs and created massive wealth for themselves.
At the same don’t forget about below stocks and companies. So make your investment wisely.