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Man’s forgotten JSW Steel shares from 1990s now worth Rs 80 crore: A lesson in patience

A man finds old JSW Steel shares his father bought forRs1 lakh in the 1990s. Now worthRs80 crore, the story highlights the immense value of long-term investing.

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A stunning story of forgotten wealth has captured the attention of Indian investors and social media users alike. A man recently discovered physical share certificates of JSW Steel purchased by his father in the 1990s for Rs1 lakh. Today, those shares are reportedly valued at a jaw-dropping Rs 80 crore, reflecting the immense long-term growth potential of stock market investments.

Power of patience: Long-term investment pays off

Investor Sourav Dutta shared this revelation on social media platform X, citing a Reddit post where the user explained how the 1990s investment had multiplied manifold. The post read, “Guy on Reddit discovered JSW shares bought by his dad in the 1990s forRs1L. Worth Rs 80Cr today. Power of buy right sell after 30 yrs.”

The story has gone viral and has resonated strongly with financial circles online. It has reignited conversations around the value of long-term investing and wealth creation through patience, compounding, and faith in quality businesses.

Social media reacts with admiration and insights

Reactions on social media were a mix of admiration and insightful commentary. One user posted, “Now, he can retire and live his life peacefully. Can even make a good business from it, a huge congratulations to him.” Another highlighted how seemingly small investments can transform with time: “People don’t realise how stock splits, bonuses and dividends add up over time, it’s magical.”

A third user offered a practical perspective: “Don’t be in a rush to sell good businesses. If fundamentals are intact, let time do the heavy lifting. This is not just investing, this is legacy creation.”

Some also pointed out that investing Rs1 lakh in the early 1990s indicated a strong financial background even back then, suggesting that the family may already have had some level of affluence.

JSW Steel’s consistent growth journey

JSW Steel Ltd, now a behemoth in India’s steel manufacturing sector, has rewarded long-term investors handsomely. With a current share price of around Rs 1,004.90 and a market capitalisation of approximately Rs 2.37 trillion, the company has maintained a strong presence both domestically and globally. The 30-year growth of its shares speaks volumes about the company’s consistent performance and investor trust.

India News

Anirudh Ravichander to marry Kavya Maran in November, reception on November 21

Anirudh Ravichander and Kavya Maran are set to marry in November, with their Chennai wedding reception scheduled for November 21.

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Music composer Anirudh Ravichander and Sunrisers Hyderabad executive Kavya Maran are set to marry in November. Their wedding reception is scheduled to take place in Chennai on November 21, according to an announcement by Telangana Chief Minister A Revanth Reddy’s office.

The development followed a meeting between Revanth Reddy and Kavya’s parents, Sun Group chairman Kalanithi Maran and Kavery Maran, at the chief minister’s residence in Jubilee Hills, Hyderabad.

According to the Telangana Chief Minister’s Office, the couple’s reception is scheduled for November 21, with Kavya’s parents extending an invitation to the chief minister.

Telangana CM’s office announces reception date

The Telangana CMO shared photographs and videos of the meeting on its official social media account on October 16. The announcement stated that Kalanithi Maran and his wife had met Revanth Reddy to invite him to their daughter’s wedding reception.

The post specifically confirmed that the reception of Kavya Maran and Anirudh Ravichander would be held in Chennai on November 21.

The announcement provided an official confirmation of the reception date and venue, while details about the wedding ceremony itself have also been reported separately.

Who are Anirudh Ravichander and Kavya Maran?

Anirudh Ravichander is a prominent music composer in the Indian film industry. He gained widespread recognition with the song “Why This Kolaveri Di” and has since composed music for several major films, including Leo, Indian 2, Vettaiyan, Vidaamuyarchi and Coolie.

Kavya Maran is the daughter of Kalanithi Maran, chairman of the Sun Group. She serves as an executive director at Sun TV Network and is widely recognised in cricket circles for her association with Sunrisers Hyderabad, the IPL franchise.

Wedding rumours and reported ceremony details

Speculation about a possible marriage between Anirudh Ravichander and Kavya Maran had circulated before the latest announcement. Earlier reports in August 2026 discussed the possibility of a November wedding in Greece.

A subsequent report said the wedding was reportedly scheduled to take place in Greece on November 11. However, the couple had not directly confirmed their wedding plans in the cited report.

The Telangana Chief Minister’s Office has confirmed that the reception is scheduled for November 21 in Chennai. The reported wedding ceremony details should therefore be attributed to reports rather than presented as officially confirmed information.

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India News

Actor Imran Khan asked to leave India after CJP protest

Actor Imran Khan has been asked to leave India by October 28, days after participating in a protest called by the Cockroach Janta Party (CJP) in Mumbai.

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Actor Imran Khan, nephew of Bollywood star Aamir Khan, has been asked to leave India by the Mumbai Police, days after participating in a protest organised by the Cockroach Janta Party (CJP) in Mumbai.

According to the notice, the actor has been given until October 28 to leave the country. The development follows his participation in the demonstration, which brought the actor into the spotlight over his involvement in a political protest.

Imran Khan is believed to hold US citizenship and an Overseas Citizen of India (OCI) card rather than full Indian citizenship, according to the report.

What led to the notice against Imran Khan?

The notice came days after Imran Khan joined a protest called by the CJP in Mumbai. The group, described as a satirical political organisation, had called for the demonstration.

The actor’s participation was followed by action from the authorities, with the Mumbai Police directing him to leave India by the specified deadline.

The notice does not, by itself, mean that the actor has already left the country or has been deported. October 28 is the deadline mentioned for his departure.

Imran Khan and his citizenship status

Imran Khan is known for his work in Hindi films, including Jaane Tu… Ya Jaane Na and Delhi Belly. He is also the nephew of actor Aamir Khan.

The report states that Imran Khan is believed to be a US citizen and hold an OCI card. OCI status does not confer Indian citizenship, although it provides eligible foreign citizens of Indian origin with specified privileges under Indian law.

The notice directing the actor to leave India follows his participation in the Mumbai protest. The reported development has brought attention to the intersection of immigration rules and the participation of foreign nationals in political demonstrations.

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L Murugan quits Union ministry to strengthen BJP in Tamil Nadu

L Murugan has resigned from his Union ministerial post and Rajya Sabha membership, saying he wants to return to grassroots politics and dedicate himself to strengthening the BJP in Tamil Nadu before the 2029 Lok Sabha elections.

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L Murugan

L Murugan has resigned from his position as Union Minister of State and his Rajya Sabha membership, saying he wants to return to grassroots politics and work towards strengthening the Bharatiya Janata Party (BJP) in Tamil Nadu ahead of the 2029 Lok Sabha elections.

Murugan, who held the portfolios of Information and Broadcasting and Parliamentary Affairs, announced his decision in a post on X on Tuesday, October 13. He described his time in the Union government under Prime Minister Narendra Modi’s leadership as a great honour and said he wanted to devote himself full-time to the party’s work in Tamil Nadu.

L Murugan says he wants to return to grassroots politics

In his post, Murugan expressed gratitude for the opportunity to serve in the Union Council of Ministers and highlighted his background as the son of daily-wage labourers.

He said he now wished to return to the grassroots, stand alongside BJP workers and dedicate his time to strengthening the party in Tamil Nadu before the next Lok Sabha elections.

Murugan’s stated objective is to help expand the BJP’s presence in the state and contribute to the party’s performance in the 2029 general elections.

Murugan’s resignation comes amid Cabinet reshuffle speculation

His decision comes amid speculation about a possible reshuffle in the Union government. The discussion gained momentum after several Rajya Sabha MPs and ministers, including Petroleum Minister Hardeep Singh Puri, were not renominated.

However, the report does not establish that the speculation about a Cabinet reshuffle was the reason for Murugan’s resignation. His publicly stated reason was his desire to return to grassroots work and strengthen the BJP in Tamil Nadu.

Murugan thanks PM Modi for the opportunity to serve

Murugan described serving India and Tamil Nadu under Modi’s leadership as one of the greatest privileges of his life. He also referred to his journey from a family of daily-wage labourers to the Union Council of Ministers.

His announcement places his immediate political focus on Tamil Nadu, with the BJP’s preparations for the 2029 Lok Sabha elections forming a central part of his stated plans.

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