Financial Freedom Series 1 - Symphony Ltd

Hi,

The first one in this series, I am taking Symphony Ltd ( which became a great turnaround story, and they produce air coolers)

If we have taken a decision to invest Rs. 5000/- (The normal amount we SIP now, in every month), exactly 10 years back, what will that means to us. We can check and dig in to details.

The trading details of this stock, 10 years back on BSE will show like this. ( You can yourself crosscheck this with BSE site!)

Date	Open	High	Low	Close	WAP	No. of Shares	No. of Trades	Total Turnover	Deliverable Quantity	% Deli. Qty to Traded Qty	* Spread
											H-L	C-O
6/08/04	4.10	4.10	3.36	3.36	4.07	1,450	6	5,908	1,400	96.55	0.74	-0.74

A delivery of 1400 shares with average traded price of 4.07/- per share. So for our Rs. 5K we may be able to buy 1228 shares of Symphony Ltd (with a FV = 10 Rs).

Now come back to present day. After 10 years exactly, the trade details will look like this

Date	Open	High	Low	Close	WAP	No. of Shares	No. of Trades	Total Turnover	Deliverable Quantity	% Deli. Qty to Traded Qty	* Spread
											H-L	C-O
6/08/14	1,120.00	1,120.00	1,070.05	1,072.25	1,097.51	2,282	600	25,04,514	1,161	50.88	49.95	-47.75

So how much it will worth your investment now?

Let us take the average price Rs. 1097/- as indicative for calculating the net worth. Also note that the present face value( FV = 2 ) makes our earlier investment in to 5 times.
So, we will be holding a total of 1228 * 5 = 6140 shares today.
The total value will be 6140 * 1097 = Rs. 6,735,580/-

So just a 5K initial investment will worth Rs. 67. 35 Lakh , making you Financially sound!

10 year price chart

[In coming posts, we will see seperately, what made these investments to achieve this much growth]