Bollywood megastar Amitabh Bachchan is playing brilliant innings not only on screen but also on the stock market pitch. Tuesday proved to be very profitable for his portfolio. The veteran actor did strong intra-day trading in the shares of DP Wires, a plastic pipe and steel wire manufacturing company. In this business bet that took place on June 23, he made a handsome earning of Rs 1.64 crore within just a few hours. As soon as the news of this huge trading came out, there was a stir in the shares of DP Wires also. On BSE, this share showed a spectacular rise of 4.42 percent and reached the level of Rs 212.60. There came a time during the trading session when this stock jumped by 7.12 percent and touched the high of Rs 218.10.
If we look at the bulk deal data of the National Stock Exchange (NSE), the whole picture becomes clear. Amitabh Bachchan purchased 41,566 shares of DP Wires at a price of Rs 199.90 per share. While booking profits, he sold his 1,23,622 shares in the market at a price of Rs 200.84. If we understand this complete mathematics, then he made a net sale of a total of 82,056 shares. This difference gave him a profit of Rs 1.64 crore in one go. The interesting thing is that their trust in this company is not new. According to shareholding data for the quarter ending March 2026, he already had 3,27,590 shares of DP Wires in his portfolio, which is equivalent to 2.11 per cent of the total stake in the company.
The strength of any stock is also assessed by the confidence of retail investors in it. If we look at the shareholding pattern of DP Wires, the general public's stake in it is 25.22 percent. The thing to note is that this part does not include money from big mutual funds or insurance companies. About 20,979 small investors who have invested capital up to Rs 2 lakh in the market, have kept 28,87,608 shares of this company in their demat accounts. This figure is 18.63 percent of the total stake of the company, which shows that retail investors also have a lot of confidence in this stock.
If we talk about the financial health of the company, then the results of the last quarter of FY 2026 have been quite mixed. In the March 2026 quarter, the company's operational revenue fell by 6.28 percent on an annual basis to Rs 129.01 crore. However, on the other hand, net profits have taken a quantum leap. Net profit increased by 132.60 percent to Rs 9.39 crore. This stock has shown a lot of ups and downs to its investors in the market. Last year, on September 8, 2025, this stock was at a record high of Rs 306.10. But in the subsequent 6 months, huge selling was seen in it. By March 2, 2026, the stock had fallen 60.14 percent from its high level to a low of Rs 122 (52-week low).
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsh advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
