Monday, September 3, 2012

INTERESTING FACT ABOUT MAHINDRA




Do u know Mahindra share trading at Rs.78 in 2002 October 25...................

If you buy for Rs.100000 will get 1282 shares(1282*78)

In September 2005 company gave bonus share at 2:3
which means you will get 2 shares free for every 3 shares held....So 1282*2/3=854 free shares........
So in total you will have 2136 shares(854+1282)

In 2010 march face value split from Rs.10 to Rs.5 which means you will get same shares as free
                         So 2136*2=4272 shares

Now mahindra share is quoting at Rs.760 which means 
                     4272*760=Rs.3246720

In 2010 January 12 mahindra was trading at Rs.1199 which means nothing but
                    4272*1199=Rs.5122128
       SO ONE LAKH TURNED TO FIFTY ONE   LAKH                         


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