3 days ago
Magic Of Compounding: Man Found Father's Rs 1 Lakh JSW Shares From The 90s, Now Worth...
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Many pointed out how stock splits, bonuses, and reinvested dividends can dramatically boost wealth over time.
A Reddit user recently stumbled upon an old stash of share certificates belonging to his father. The shares, originally purchased in the 1990s for just Rs 1 lakh in Jindal Vijayanagar Steel Ltd (now JSW Steel), have reportedly grown into a jaw-dropping approximately Rs 80 crore over the decades.
A photo of the physical share certificates, posted online, quickly went viral. The documents — yellowed with age — serve as a powerful reminder of long-term wealth creation through equity investing.
The news was shared by Sourav Dutta on X (formerly Twitter), who wrote, 'Guy on Reddit discovered JSW shares bought by his dad in the 1990s for Rs 1L. Worth Rs 80Cr today. Power of buy right, sell after 30 years."
The story struck a chord with investors and market veterans alike. Many pointed out how stock splits, bonuses, and reinvested dividends can dramatically boost wealth over time.
X user Anhad Arora commented, 'People don't realise how stock splits, bonuses and dividends add up over time — it's magical."
'Don't be in a rush to sell good businesses. If fundamentals are intact, let time do the heavy lifting," said another investor under the handle @marketanalogy.
One user humorously noted, 'I already told my son to log in to my second demat account when he turns 18. Stored credentials in Godrej locker."
While some debated the 'real value" of Rs 80 crore today, the consensus was clear — this viral story is a shining example of patient investing and the timeless advice: buy right, hold tight.
Compounding is one of the most powerful tools when it comes to investing. The concept of compounding is simple – it is the process of earning interest on your interest income. When you invest, you earn interest on your initial investment as well as on the interest that your investment generates. This means that your money grows at an exponential rate over the period of time. The longer your money is invested, the greater the potential for compounding to work
First Published:
June 09, 2025, 13:11 IST
