๐ **Incredible Discovery: Grandfather's Rs 500 SBI Shares from 1994 Now Worth a Fortune!**
๐จโโ๏ธ A heartwarming tale emerged from Chandigarh when Dr. Tanmay Motiwala, a pediatric surgeon, stumbled upon a treasure trove of old investments made by his grandfather. While organizing the family's assets, he unearthed share certificates from the State Bank of India (SBI), purchased for just Rs. 500 back in 1994.
๐ Initially purchased and forgotten about, these SBI shares have now blossomed into a substantial fortune, showcasing the enduring potential of equity investments. Dr. Motiwala revealed that the value of the shares has skyrocketed to โน3.75 lakh, delivering an astounding 750x returns over three decades.
๐ Dr. Motiwala shared his discovery on X, recounting the story of his grandparents' modest investment and its remarkable growth over the years. He also detailed the process of converting their stock certificates into a demat format with the assistance of an advisor.
๐ผ Expressing his intentions to hold onto the shares, Dr. Motiwala highlighted the valuable lesson of long-term investment and the importance of learning from our elders' wisdom.
๐ Since his revelation, Dr. Motiwala's story has resonated widely, inspiring others to reflect on the power of prudent investments and the importance of financial planning.
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