Archive · 10 Jun 2025
Father's Old Shares Worth ₹80 Crore: Generational Wealth
Imagine a man finding old papers showing his dad bought shares in a company called JSW Steel a long time ago.
His dad spent only ₹1 lakh.
Because of how the stock market works, and thanks to things like 'stock splits', those shares are now worth around ₹80 crore!
People online are talking about how important it is to invest for a long time.
It shows that if you are patient and don't sell too quickly, your investments can grow a lot.
Some people said that, in the 1990s, the family might already be rich, regardless of the share value today.
A man found his father’s old shares of JSW Steel.
The shares were originally bought in the 1990s for ₹1 lakh.
The current value of the shares is approximately ₹80 crore.
The story highlights the power of long-term investing.
The news was shared on X by Investor Sourav Dutta.
- Who
- A man and his father who invested in JSW Steel shares.
- What
- A man discovered his father's old shares worth ₹80 crore.
- When
- Shares were bought in the 1990s.
- Where
- Not specified.
- Why
- Thanks to stock splits, bonuses, and compounding returns.
- Current Share Value
- ₹80 crore
- Original Purchase Date
- 1990s
- Original Investment
- ₹1 lakh
- Company
- JSW Steel
- Source of Discovery