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Investing in Wipro Limited (Wipro) in August 1996 has proven to be a lucrative decision, thanks to the company's consistent shareholder-friendly policies, including multiple bonus issues and stock splits. Let's delve into how an initial holding of 1,600 shares, valued at ₹1,000 in August 1996, would have evolved over time. Initial Investment: Date: August 1996 Number of Shares Purchased: 1,600 Total Investment Value: ₹1,000 Corporate Actions Since 1996: Wipro has undertaken several corporate actions that have significantly increased the number of shares held by investors: 1. Bonus Issue (October 20, 1997): Ratio: 3:1 (three additional shares for every one share held) Calculation: 1,600 shares × 3 = 4,800 bonus shares Total Shares Post-Bonus: 1,600 + 4,800 = 6,400 shares 2. Stock Split (September 27, 1999): Ratio: 5:1 (each share split into five) Calculation: 6,400 shares × 5 = 32,000 shares 3. Bonus Issue (June 25, 2004): Ratio: 3:1 Calculation: 32,000 shares × 3 = 96,0...