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Tuesday, October 3, 2023

Here’s How Much You Would Have Made Owning Wipro Stock In The Last 20 Years – Wipro (NYSE:WIT)

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Wipro WIT has outperformed the market over the past 20 years by 1.93% on an annualized basis producing an average annual return of 9.53%. Currently, Wipro has a market capitalization of $25.75 billion.

Buying $100 In WIT: If an investor had bought $100 of WIT stock 20 years ago, it would be worth $613.94 today based on a price of $4.70 for WIT at the time of writing.

Wipro’s Performance Over Last 20 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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