New Delhi. People’s perception of the stock market is not good. People feel that the money invested here sinks. However, the truth is quite different from this. The stock market gives very strong returns to investors. This return is so high that the bank or gold is unable to compete with it. If you want to know how much this return can be, then guess from this that a share of 10 rupees can be more than 28,000 rupees. If you do not trust, then you can get complete information about this stock here.
This share of shree cement
Shree Cement is a well-known company in the cement market in the stock market. The stock of this company has given very strong returns to the investors. The share of Shree Cement Company was only Rs 10 in 1990. Nowadays, this share is more than Rs 28,000. Thus, the stock has given more than 2800 per cent returns to its investors. If an investor took 100 shares of Shree Cement for Rs 1000 in 1990, then its value is more than Rs 28 lakh at this time.
Know how much Mr. Cement has given in the shirt term
On one hand, the country and the world were troubled by the epidemic, while on the other hand the stock market was taking a huge dive due to it last year. But later the stock market started gaining momentum and the Sensex of the stock market had touched the level of 50,000 points during this period. During this 1 year only, Shree Cement’s stock touched a level of Rs 28,000 from the Rs 17,000 level.
Investment reduced to two and a half times in 5 years
Shree Cement’s stock has also given good returns during the last 5 years. If someone had invested in Shree Cement’s stock during the last 5 years, then its value has become almost two and a half times. 5 years ago, Shree Cement’s stock was around Rs. 12,000, which is running above Rs. 28,000 today.
Know how much money you get for investing in gold or FD
If someone had invested Rs 1000 in FD in 1990 in place of Shree Cement’s share, his value would have been a little over Rs 10,000. This value of FD would have been an average of 8% on this FD since 1990 till date. On the other hand, if someone had invested Rs 1000 in gold in 1990, then its value is about Rs 15,000 at this time. Around 1990, the price of gold was around Rs 3,200.00 per 10 grams. Thus a little more than 3 grams of gold could be purchased in 1990 for 1000 rupees. The value of this gold is around Rs 15,000 at today’s rate. That is, the returns like stock market are not available anywhere.
