Crorepati Stocks: Rs 1.74 crore for a share of just Rs 4.5; an investment of Rs 1 lakh in these stocks would have turned you into a crorepati

Crorepati, how many times you must have heard this term may be from your friends, colleague or from close relatives. Everyone has a dream of becoming a crorepati and I’m sure you are no different as a good amount of money gives us financial freedom and this is what all we desire, isn’t it?

Becoming a crorepati is everyone’s dream. But most people believe it is like a snowball’s chance in hell. But that’s not true. While there are certainly no shortcuts, it is possible if you have the patience and disciple of investing.

The magic mantra to become a crorepati is to invest and let compounding do its job. ‘Compounding is the magic of investing’ said Jim Rogers, the famous American businessman and financial commentator. It is indeed one of the most powerful weapons in an investor’s arsenal. The beauty of this concept lies in the fact that it is quite simple to understand. But when you put it into practice, the impact can be immense.

We will not go into the depth of compounding, that is for some other day but will talk about stocks which would help to become ‘Crorepati’ by just investing Rs 1,00,000.

The above stocks have given bumper returns to investors. If the investor would have invested a sum of Rs 1,00,000 at the close of the year 2012 these stocks would have turned him/her into a crorepati.

Tanla Platforms was trading at Rs 4.55 and an investment of Rs 1,00,000 would have fetched investors around 21,978 shares of the company and the value of these shares today would be worth a jaw-dropping Rs 1.74 crore.

Do you hold any of these shares, let us know in the comment section.