The actual value of money is well known to investors who have been in it for a long time;
only then do people make hundreds of rupees with mere money and lakhs of rupees from hundreds of rupees.
Then in no time, lakhs of rupees become crores of rupees.
Behind all this, people not only invest but also get information about the company to be invested.
Vedanta Share Story
You must know the name of Vedanta company, but you will be surprised to know that in 2002 the share price of this company was just Rs 1.21, which is around Rs 312 today.
However, this company has also touched its 52-week high of ₹440.
This means the price of your only ₹ 1 21 paise would have been around ₹ 312 today.
The company’s stock touched an all-time high of ₹471 in 2010.
That means in just eight years; your Rs 1.21 would have been worth Rs 471.
1. 121 would have cost 47100.
2. 1210 would have cost 471000
3. 12100 would have cost 4710000
4. 121000 would have cost 47100000
The current share price is ₹ 312 now, so according to that, today you have some money like this.
1. 121 would have cost 31200.
2. 1210 would have cost 312000
3. 12100 would have cost 312000
4. 121000 would have cost 3120000
Best dividend received so far
The company has made people very happy with its dividend till now.
In the journey so far, the company has provided a dividend of up to 26%; that is, every four years, the company has also returned the investors’ money.