If someone would have invested Rs 10000 in HCL in 1999. What would present value?
Today I discuss HCL Bonus history
HCL (Hindustan computer Ltd)
It is the largest company in India in IT (information technology) sector. HCL provide his services in India and over the world. HCL provide many service like
- Digital buisness
- Digital process operation
- Engineering & R&D
- Cloud Smart
- IoT WORKS
- Ed Tech.
Shareholding pattern of HCL
01 Promoters – 60.81%
02 MF (Mutual fund) – 8.15%
03 DII – 7.17%
04 FII – 18.92%
05 Retail and others- 4.95%
HCL price in 1999
HCL share price in 1999 is Rs 4 (IPO time). Let us assume if someone invested Rs 10000 in HCL he got 2500 shares. Let’s find out the present value of 2500 shares.
• Today Market cap. Of Hcl is Rs 2,88,819 crore and CMP(current market price) is Rs 1080
• Dividend yield – 4.51%
HCL bonus and stock split history
Wipro gave 3 times Bonus and 1 times stock split since 1999
01 Stock split (FV 4 to 2) 2004 – 5,000 shares
02 Bonus 1:1 (2006) – 10,000 shares
03 Bonus 1:1 (2015) – 20,000 shares
04 Bonus 1:1 (2019) – 40,000 shares
In 2023 HCL convert your 2500 shares to 40,000 shares
Present value of 40,000 shares of hcl is Rs 43,200,000
Means HCL convert your Rs 10000 into Rs 4.3 crore approx
Time period – 23 years
CAGR of HCL is 43.90%
Note – Compounding is the 8th wonder of this world
Some interesting fact about about HCL
Everything is getting digital and online everywhere so huge demand of software will continue throughout the world for so many years to come and HCL tech play a very important role in digitization. It will keep rewarding their shareholders with consistent dividend payout and bonus shares
Founder of Wipro is Shiv Nadar