Video of simple old man, with shares of L&T, Ultratech, and Karnataka Bank worth Rs 101 crore, goes viral

A video of an old man with shares of Rs 101 crore is going viral on the web. What is noteworthy is that despite the wealth, the old man is said to be living a simple life. Rajiv Mehta, who shared the video on Twitter, said, “As they say, in investing, you have to be lucky once. He is holding shares worth Rs 80 crores L&T, Rs 21 crores worth of Ultrtech cement shares, Rs 1 crore worth of Karnataka bank shares. Still leading a simple life.”The video has so far gotten about 4 lakh views on Twitter, generating many comments.Commenting on the post, Deepak Shenoy, Founder and CEO at Capital Mind, said that the total worth of the 27,000 L&T shares is about Rs 8 crore, while that of the…
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Source: https://m.economictimes.com/news/new-updates/video-of-old-man-with-shares-of-lt-ultratech-and-karnataka-bank-worth-rs-101-crore-but-living-a-simple-life-goes-viral/amp_articleshow/103956031.cms