Infosys @ 25: 25 years in stock market, investor gets 10 thousand, 6.4 crore
On June 14, 2018, the
country's second major IT company Infosys Ltd has completed 25 years in the
stock market.
On June 14, 2018, the country's second leading IT company
Infosys Ltd has completed 25 years in the stock market. In the last 25
years, Infosys has turn into one of the country's best blue-chip
companies. Stocks in stocks, revenues growth and other financial range
have come true. This company is the second large giant of IT Sector after
TCS. In 25 years, Infosys has mauled its shareholders. So far the record
has given the company 640 times the returns.
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The company's IPO
came in 1993
Infosys came out with an IPO for the first time in 1993 and
on 14 June 1993 it was the first IT company to be listed on the stock market exchange. When
Infosys came out with an IPO, its concern price was Rs 95, but it was listed on
the stock exchange for Rs 145 on the day of listing in the stock
exchange. It means that it has given profits of upto 52% to its shareholders
at the time of listing. After this a lot of times the company gave bonus
shares to its investors. Infosys became the first Indian company to be
listed on Nasdaq in 1999.
In 1993, if the people who purchased 100 shares of the
company would not be sold, then till June 12, their shares would have become
worth 6 crores. During the last 25 years, the company has also given
bonuses to its shareholders many times. Who has done the job of enhancing
their earnings.
Market cap more than
Rs 2.50 lakh crores
After TCS, Infosys is the second largest IT company in the
country. In terms of market cap, Infosys is one of the top 10 companies in
the country. After the close of trading on Thursday, the company's market
cap on BSE was 2.70 lakh crore rupees.
When did the company
start?
Infosys Company started in the year 1981. NR Narayana
Murthy started Infosys in Pune with his 6 friends. At that time, the
company had started this company with just $ 250, but today the company has
touched a lot.
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The Content of this blog has taken from here:- https://money.bhaskar.com/news/MON-MARK-STMF-MRKT-25-years-of-infosys-listing-journey-5895176-NOR.html
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