Stock market is often considered a means of risky investment, but if investing with patience and understanding, this life can change. One such amazing case has come to light when a person found papers of JSW Share purchased by his father in his house and he became a millionaire on seeing it.
According to a Reddit user, he recently found an old folder during the cleaning of the house with a physical certificate of JSW Share purchased by his father. The father invested just Rs 1 lakh in 1995, which was later forgotten. But over time, the tremendous increase in the price of JSW Share brought this investment to about 80 crores.
The matter was first shared by stock market analyst Sourav Dutta on X (East Twitter). He also posted pictures of JSW Share’s physical certificate, which went viral immediately. Users made thousands of comments on this post, most of which are appreciating the strength of long term investment.
One user wrote, “This is magical. People do not understand how shares, bonuses and dividends gather over time.” The other said, “Now that person can retire comfortably.” Some users called JSW Share as ‘Goldmine’.
According to the Business Today report, JSW Share has given a return of about 2,484.34% in 30 years. This means that if someone had invested it 20-30 years ago, he could have been a millionaire or billionaire today. In the last five years, JSW Share has given a great return of 433.69%.
JSW Steel is one of the largest steel companies in the country today. The company’s current market capitalization is Rs 2.46 lakh crore and its stock was trading at Rs 1009.50 on Monday. JSW Share still has better possibilities for long -term investors.
To cache the old physical share certificate, they first have to transfer them to Demat Account. For this, some important documents to the person concerned:
Have to deposit. After verification of documents, JSW Share is transferred to a demat account in digital form, after which it can be sold in the market.
This entire case has given an important message – patience and investment made at the right time can give you unimaginable benefits. This story of JSW Share is not just a miracle, but it is the power of long -term investment that provides exponical growth over time.
This story of JSW Share teaches us that investment is not just a game of luck, but a combination of understanding and time. This example teaches the lesson of the importance of long -term investment to the coming generations. If you also want to make the future safe, then plan to invest in a strong company today – who knows the next JSW Share!