• SENSEX
    NIFTY 50
VIDEOS
Business

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.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement