Did A Villager Really Hold A ₹100 Crore Stock Portfolio?
About Larsen & Toubro
Larsen & Toubro (L&T) is one of India’s largest engineering and infrastructure companies with businesses spanning construction, power, technology, and manufacturing. The group is considered a bellwether in India’s industrial growth and attracts long-term investors due to its diversified order book and steady performance.
What The Viral Claim Said
Social media posts claimed that a simple villager, living without luxury, shocked everyone with a hidden investment portfolio worth nearly ₹100 crore — consisting of ₹80 crore in L&T, ₹21 crore in Ultratech Cement, and ₹1 crore in Karnataka Bank.
The Reality Check
Verified reports suggest that the actual portfolio value was closer to ₹10–12 crore, not ₹100 crore. Estimates based on his reported shareholding were:
- 27,855 shares of L&T ≈ ₹8 crore
- 2,475 shares of Ultratech Cement ≈ ₹3.2 crore
- 4,000 shares of Karnataka Bank ≈ ₹10 lakh
This brings the total portfolio closer to ₹12 crore, still a significant amount built over time, but far less than the sensational claim of ₹100 crore. We do hope that these are actual shares held as on date.
Key Lesson For Investors
The core message is still powerful — wealth creation is about patience, discipline, and choosing strong companies. Even without flashy spending, consistent investing can deliver multi-crore wealth over decades.
For traders aiming to navigate volatile phases, you can explore strategies shared in our resources below:
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Investor Takeaway
Don’t fall for exaggerated claims that go viral. The true strength of investing lies in steady accumulation and compounding returns, not flashy figures. Even a ₹10 crore portfolio is an extraordinary achievement built quietly over decades.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.