When A Guy Found Shares His Grandfather Bought Decades Ago Were Worth Rs 130 Cr, Old Video Resurfaces
A guy who discovered papers of shares invested by his sick grandfather found out that the shares are worth ?130 crores now.
We all dream of being rich without really having to 'work hard' for it, right? We all wish that we were born in a rich home or somehow get to know that our ancestors have a stash full of money that will solve all of our lives problems. This old video will make you wish it were true.
Although three to four years old, this is the story of a guy whose life changed within 15 minutes after getting to know on a live show that he had become a millionaire.
The old but gold clip was shared on the internet by Twitter user Akshay Chaturvedi where a guy's life totally changed.
This guy discovered shares worth ?130 crore in his house ?? pic.twitter.com/8TWNo446zS
¡ª Akshay Chaturvedi (@akshaychat) July 22, 2021
This guy by the name of Ravi called up a show on Zee Business to get some advice on some shares. He shared that in 1990 his grandfather brought shares worth Rs, 20,000 of MRF and right after buying it he went into a coma due to an unfortunate accident. Then he mentioned that his grandfather is now doing better and has gifted the shares certificate to him.
Ravi then shared that he wants to sell these shares.
Twitter
After proper discussion, the show's anchor figured out that each of those shares is now valued at Rs. 64,900 and the value of the total shares is over 130 crore! It is like finding a hidden treasure and there were no bounds to the happiness of the family members.
Once again, people on the internet shared their surprise over these developments:
Isko pakdo, VC banao, abhii ?
¡ª Manish Pandey (???? ???????) (@join2manish) July 22, 2021
? khusi k maare bhai soo nahi paya hoga
¡ª Anurag Shrivastav (@AnuragS74372244) July 22, 2021
Dadaji rocks...
¡ª Vigilant Squad (@Op_Vigilant) July 22, 2021
That's the power of compounding. ?
¡ª Ankit Sagar (@Ankitsagar_) July 22, 2021
Kaafi faad ? @sahgal95
¡ª Abhishek Gupta (@webtaculars) July 22, 2021
Epic ?
¡ª Akshay Patwari (@aks_p123) July 22, 2021
Dadaji Goals !!
¡ª Shashwat Shagun Pandey (@Shashwat_ssp) July 22, 2021
I'll become like him.
MRF (full form Madras Rubber Factory) doesn¡¯t have a history of stock split or bonus shares ¨C so it¡¯s safe to assume it could be the first Indian company to cross ? 1,00,000 per share in the next few years.
It is also said that the power of buying good companies and holding them for long periods of time irrespective of stock price movement is actually a great move.
So many years later, maybe Ravi is still thankful for the decision his grandfather took.
Building, coordinating and crafting engaging content for lifestyle brand 'Evolve' at Indiatimes. Successfully revamping the lifestyle section including topics such as mental health, relationships, self, skin care, music etc. I collaborate with experts from various fields to gather insights and create well-structured pieces.
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