Wednesday, August 14, 2013

Those Who Say...They Lost Money In Equity.....Part - 1

Case of Mahindra Scorpio Vs Shares Of Mahindra

M&M  (Scorpio – 7.54 Lacs) (7,50,000 / 12.73 = 59230 Shares)

Share Price in Year – 2001    Rs. 12.73

March – 2010 Spit 10 to 5

Total Shares Now (59230x2) = 118460

Share Price as on 4th April,2013 = Rs. 855

Shares x Price (118460 x 855) = 101283300

7.54 Lac invested for 12 Years is worth = 10.12 Cr