TCS IPO: Tata Consultancy Services turn ₹5,950 of allottees into ₹1.27 lakh in 20 years of share listing

TCS share price: As Rome was not built in a day, a stock market investor can only become rich after a while. It is often said that money is not in buying and selling stocks but in waiting. This rule also applies to an IPO (Initial Public Offering) investor. If an IPO investor is convinced about a company’s business prospects, then irrespective of size, one should stick with one’s conviction and hold the stock as long as possible. A stock split is a corporate action that increases the number of a company’s outstanding shares by dividing each share and reducing its price. This does not affect the company’s market value but makes the stock more affordable for smaller investors.