Power of Holding Equity: Pediatric Surgeon in Chandigarh Discovers Grandfather’s Forgotten SBI Shares Bought for Rs 500 in 1994, Now Valued at Rs 3.75 Lakh
Chandigarh pediatric surgeon discovers forgotten SBI shares bought by grandparents in 1994, now valued at Rs 3.75 lakh, showcasing the enduring potential of equity investment.
A pediatric surgeon in Chandigarh stumbled upon forgotten SBI shares purchased by his grandparents in 1994, originally valued at Rs 500. Dr Tanmay Motiwala stumbled upon the old investments while organising family assets and finding share certificates from the State Bank of India (SBI). His grandfather's initial investment has multiplied substantially, underscoring the enduring potential of equity investment. The SBI shares, forgotten by his grandfather, yielded remarkable returns of 750x in three decades, now worth Rs 3.75 lakh. Dr Motiwala shared the discovery in a post on X, explaining the process of converting family stock certificates into a demat format with the help of an advisor. He currently intends to hold onto the shares, emphasizing their sentimental and financial value. UPI Services Down? SBI, HDFC Bank and Bank Of Baroda Customers Face Issues While Making UPI Payments on First Day of New Financial Year.
Forgotten SBI Shares
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)