Can i choose WIPRO for long run investment of a lac rupees for 100% profit after 3 years.?

I would like to invest a lac rupes in long term investment plan in shares for my daughters marriage after 3 to 4 years. Can i choose technology shares. if so is WIPRO is good one for long run investment?

You have already mentioned the upper limit you want to earn. But stock markets doesn't work in one direction (that is up only), some time they reverse the direction for which you should be ready.

Now you know the principal rule, are you ready to lose the one lakh at the end of three years? In other words do you have the capacity to accept this risk. If not, then this is not the investment for you.

Risky investment which have high returns will have high volatility.

Coming back to your question, if someone is answering "Yes" to this question, then remember the money, pain and risk is yours while the advise is free from the Yahoo! answerer.

Three years is a very short term and you should look for capital preservation with reasonable returns instead of exceptional returns as you mentioned.

Good luck.

no doubt.... it is good .... i thing that every investment has a huge return in lolg run... first u know the EPS of the wipro & last 5 years records. it has a possiblity to grow up more than 100% in next 3 years... i think seimens is the better for ur daughter marriage... i will be 4000 each after 3 years.... now it is 890 each....