By Admin 
Multibagger stock: You may not be believed to hear all this, but it is absolutely true, no dream. The real story of a person’s real life is how he became a millionaire by spending some money. All this tells that if the stock is selected at the right time and you have the ability to bet, then no one can stop you from moving forward.
On the social media platform X, a person named Sourav Dutt has told in one of his posts how a person had invested one lakh rupees in Jindal Vijay Nagar Steel in the year 1990 and after that the luck overturned. This story is becoming very viral on social media and is drawing people’s attention.
Social media post viral
In this, he told that when that person in Jindal Vijay Nagar Steel spent some time, the company’s JSW became merger in Steel and this started reversing the luck.
Guy on Reddit Discovered JSW Shares bough by his dad in the 1990s for ₹ 1l.
Wort ₹ 80cr today.
Power of Buy Right Sell after 30yrs. pic.twitter.com/mztpgt4lii
– Sourav dutta (@dutta_sourvd) June 7, 2025
In 2005, Jindal Vijayanagar Steel was merged by JLW Steel at 1:16 ratio. This means that 16 new shares of JSW got on each stock. Similarly, in 2017, another gift was given by the company and the investor got 10 on each stock. From this fold, the shares which were earlier a few hundred, now their price has been worth lakhs of rupees. That is, the price of those shares has been done in total of Rs 80 crore.
JSW shares have given investors a great return of about 10 percent during the last one year. The direct benefit of the children of Sourav in 1990 invested a small amount of money is now getting to the children of his next generation. Sourav has also posted a picture of that old stock on social media.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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