₹1 Lakh to ₹80 Crore in Shares? Let’s Uncover the Truth! 💸📉 скачать в хорошем качестве

₹1 Lakh to ₹80 Crore in Shares? Let’s Uncover the Truth! 💸📉

You might’ve seen that viral post — “Someone bought ₹1 lakh worth of JSW Steel shares in the 1990s… and now they’re worth ₹80 crore!” But is it true? 🤔 Let’s break it down 👇 🔍 In the 1990s, JSW Steel didn’t even exist. There was JISCO and later JVSL, which merged in 2005 to become JSW Steel. 📈 If someone bought ₹1 lakh worth of JVSL shares in 1995 at ₹20 each, they’d have 5,000 shares. 🌀 After the 2005 merger (16 JVSL = 1 JSW share), and a 10:1 stock split in 2017, those shares would now be worth approx ₹31 lakh — not ₹80 crore. So where did ₹80 crore come from? A massive miscalculation — Someone flipped the merger ratio and assumed they got more shares instead of fewer. 📌 Moral of the story? Don't trust viral finance posts blindly. Always do the math. Always verify the facts.