Tuesday, March 3, 2015

Long Term Term Investor - Nice Investment

Posted by Sharath Chandra
Hey Long Term Investor,

How many are riding ROYAL ENFIELD BIKE ? or wish to ride it ? 

Look at the company's growth

Eicher Motors (Makers of Royal Enfield).

Share Price on September 2001 = Rs. 17.50
Price of Royal Enfield bike in 2001 was Rs.55000/-

If any one would have bought the shares of Eicher Motors instead of a bike than he would have got 3143 shares ((Rs. 55000/ Rs 17.50 (share Price) = 3143 Shares))
Eicher Motor's Share Price as on 23rd January  2015 is Rs. 15,109(Just for 1 share)
Value as on 2nd February 2015 = 3143 x 15,109= 4.75Crores
55000/- is worth 4.75 Crore in 13 Years.

Now he could hv bought a Rolls Royce