Monday, September 10, 2007

Why to invest in stocks ?

Infosys -
In 14-year period from 1993 to 2007, the share issue price of Infosys has increased 3000-fold. An investment of Rs. 9,500 (100 shares at an issue price of Rs 95) in the initial public offering of Infosys in 1993 (Rs. 9,500 was approximately $300 according to the 1993 exchange rate) would now be worth Rs. 29,440,000 ($665,235 according to the 2007 exchange rate) after adjusting for stock splits and bonuses. This is excluding the dividends that the company has paid out.
*source - http://en.wikipedia.org/wiki/Infosys

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