Amitabh Bachchan Crorepati Stock: This is how a share of Rs 75 earned crores

The current value of Big B’s investment in DP Wires is around Rs 13.4 crore. In Monday’s trade, the stock was trading around Rs 408 per share on the NSE. Since listing, it has given a tremendous return of 444 per cent.

Amitabh Bachchan

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Bollywood megastar Amitabh Bachchan (Amitabh Bachchan) Apart from TV and films, the stock market at the age of 80 (Share Market) Earning better than investing in stock market (Share Market Investment) The major reason for getting better returns is their patience. This is proved by the fact that the smallcap stock in which he had invested about 6 years ago, has made a profit of crores of rupees.

The name of this smallcap share is DP Wires. (DP Wires), In which Amitabh had invested during the listing in 2017, after which this stock has given a return of more than 5 times. Amitabh Bachchan’s holding stood at 2.45% or 13,41,18,400 shares since the stock listing on NSE Emerge platform on October 5, 2017, till the end of September. SME stock later moved to mainboard on Jan 17, 2022.

444% return since listing

During the IPO, the stock was sold at Rs.75/share. The current value of Big B’s investment in DP Wires is around Rs 13.4 crore. In Monday’s trade, the stock was trading around Rs 408 per share on the NSE. Since listing, it has given a tremendous return of 444 per cent. In the calendar year so far, it has given returns of over 58 per cent.

The results of the company were like this in the second quarter

In the second quarter of the financial year, DP Wires has increased its net profit by Rs 9.03 crore, ie 51.2 percent. The company had earned a net profit of Rs 5.97 crore in the year-ago period. The company’s net sales grew 114.77 per cent to Rs 283.96 crore in the July-September period from Rs 132.22 crore in the year-ago period, while EBITDA grew 42.7 per cent to Rs 13.10 crore.

Amitabh had shares of these companies as well

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As per Trendline data, Amitabh Bachchan holds only one stock. It is mandatory for companies to mention the names of only those shareholders who hold more than 1 per cent stake in the company. In the past, Big B also owned shares of Finotex, Birla Pacific Medspa and Newland Labs. As on 5 December 2022, the market cap of DP Wires was Rs 550 crore. The promoters hold 70.4 per cent stake in the company. The company does not have any Institutional and Mutual Fund holdings.