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Benzinga
Benzinga
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Benzinga Insights

Here's How Much $1000 Invested In Wipro 20 Years Ago Would Be Worth Today

Wipro (NYSE:WIT) has outperformed the market over the past 20 years by 2.23% on an annualized basis producing an average annual return of 9.52%. Currently, Wipro has a market capitalization of $33.24 billion.

Buying $1000 In WIT: If an investor had bought $1000 of WIT stock 20 years ago, it would be worth $6,128.06 today based on a price of $6.08 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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