Wipro (NYSE:WIT) has outperformed the market over the past 20 years by 2.2% on an annualized basis producing an average annual return of 9.04%. Currently, Wipro has a market capitalization of $28.78 billion.
Buying $100 In WIT: If an investor had bought $100 of WIT stock 20 years ago, it would be worth $566.19 today based on a price of $5.26 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.
