Currency Effect on LITE Returns
If you bought at 52-week low ($80)
Entry: $80 × ₹85/$= ₹6,800 invested
Exit: $945 × ₹95.1/$= ₹89,870 today
USD return+1,081%
INR return (actual)+1,221%
Currency added +140% to your return
Buying today at current price
Entry: $945 × ₹95.1/$= ₹89,870 per share
If target $1,105 · INR ₹99= ₹1,09,395 received
USD return+17%
INR return (estimated)+21.7%
Currency adds ~4-5% on top of USD return
When Currency Hurts
If INR appreciates vs USD (rare, but possible if RBI intervenes aggressively or FII inflows surge), your USD gains shrink in INR terms. A 5% rupee appreciation on a 17% USD gain leaves you with only ~12% in INR. The currency works both ways.