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Off The Charts: Rs 1 lakh invested in this cement firm in 2001 would have grown to Rs 7.8 cr

Updated : September 23, 2020 08:29 PM IST

General investing wisdom says commodity firms do not generate outsized returns over time because of their lack of pricing power.

But if you had invested Rs 1 lakh in Shree Cements 20 years ago, it would have grown to Rs 7.8 crore. That's not all: the stock would have also given you dividends of Rs 20.6 lakh along the way.

How did the company do it?

CNBC-TV18's Anuj Singhal looks at the phenomenal success story of Shree Cement and its promoters, the Bangurs.

Watch the video.

Also check out the previous Off the Chart segments on Asian Paints, Divis Labs and McLeod Russel.
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