BUSINESS
Beyond his illustrious acting career, Mr. Bachchan is also a savvy investor, having put his money into various companies, including the small-cap company D.P. Wires Limited.
Bollywood icon Amitabh Bachchan celebrated his 82nd birthday on Friday, October 11. Amitabh Bachchan, a legendary figure in Indian cinema began his film journey in 1969 with "Saat Hindustani." Following this, films like "Deewar" and "Sholay" solidified his status as a leading actor. Beyond his illustrious acting career, Mr. Bachchan is also a savvy investor, having put his money into various companies, including the small-cap company D.P. Wires Limited.
According to a report of Zee Business, Mr. Bachchan invested in the small-cap company D.P. Wires Limited. In 2018, he held a 2.45% stake but later sold a portion of it. As of the third quarter of 2023, he owns a 1.93% stake, totaling 199,310 shares of the company. Earlier, in January-March 2023, his holdings amounted to 332,000 shares.
DP Wires Limited's IPO was launched in 2017, with shares priced at Rs 75 each. The company specializes in manufacturing and supplying steel wire, plastic pipes, and plastic films. In the first quarter of FY 2025, DP Wires reported a year-on-year revenue decline of 31.15%, totaling Rs 184.11 crore. Additionally, the company's net profit fell by 35.28% year-on-year, reaching Rs 7.19 crore, while the net profit margin decreased by 6.01% to 3.91%.
The report further stated that during Friday's trading session, DP Wires shares dropped by 0.54%, or 2.25 points, to Rs 411.80 on the NSE. This small-cap stock has declined 27.44% so far this year. The company's shares reached a 52-week high of Rs 681.45 and a low of Rs 383.
Over the past six months, the shares have fallen 20.29%, and they are down 29.25% compared to a year ago. At present, DP Wires Limited boasts an impressive market capitalization of Rs 641 crore.
The DNA app is now available for download on the Google Play Store. Please download the app and share your feedback with us.
Former Delhi University professor G N Saibaba passes away
IND vs BAN, 3rd T20I: India beat Bangladesh by 133 runs, complete 3-0 clean sweep in Hyderabad
Baba Siddique, who was shot at in Mumbai, dies, confirms Lilavati Hospital
22 sixes, 25 fours: India register their highest-ever total in T20I cricket history
THIS is world’s shortest flight, lasts only 90 seconds, it covers a distance of…
Durga Puja 2024: Rani Mukerji, Kajol dazzle in saree during sindoor khela
Amitabh Bachchan made big investment in this smallcap company, gave more than 600% return in 5 years
THIS Mumbai canteen has been named best restaurant in India, it serves the best...
Watch: Sanju Samson smashed Rishad Hossain for five consecutive sixes during IND vs BAN 3rd T20I
Israel's precarious predicament: Can it thwart Iran's nuclear ambitions without US support?
‘Was called arrogant, entitled, selfish…’: This star cricketer once battled alcoholism, then…
Who is the wealthiest among Mukesh Ambani, Nita Ambani's children's in-laws?
Shantanu Naidu stopped by Mumbai police before Ratan Tata's funeral, watch viral video
IND vs BAN: Why is Harshit Rana not playing India vs Bangladesh 3rd T20I?
THIS robot can serve drinks, babysit children, walk dogs and even be your friend, it costs Rs...
Delhi to launch 'E-Detection' system: Here's how it will prevent polluting vehicles from entering
RBI Governor Shaktikanta Das Pays Tribute to Ratan Tata
Mukesh Ambani’s Reliance Jio launches new ISD plans for THESE countries, price starts at Rs...
Meet China's 'Spider-Woman' who climbs 100-metre cliff bare-handed, with no safety equipment
Tech millionaire attempts reverse ageing, get 'baby face': What happened next will leave you shocked
Shilpa Shetty stuns in pink lehenga as turns showstopper for Megha Bansal at Lakme Fashion Week
IND vs BAN, Hyderabad weather update: Will rain play spoilsport in India vs Bangladesh 3rd T20I?
What did Nita Ambani do before marrying Mukesh Ambani? What was her salary?
Ratan Tata death: 'Titan' of Indian business, philanthropist icon's cause of death is...
Rishabh Pant reveals real story behind his ‘fake injury’ in T20 World Cup final
Tamil Nadu train accident: Know reason behind derailment, here's what Railways official says...
Iran gives big warning to oil-rich allies of US: 'Don't help Israel or else...'
MS Dhoni sets internet on fire with new haircut, pics go viral
Shikhar Dhawan and Chris Gayle's playful dance moves go viral, watch
Former Cricketer Ajay Jadeja named heir to Jamnagar royal throne
Meet woman, India's first visually impaired IAS officer, who cracked UPSC twice with AIR...
Who is Ratan Tata's successor to what was his religion: 5 most-asked questions answered
Haryana's new BJP government to be sworn in on October 17 in Panchkula, PM Modi to attend
Good news for Delhi-NCR commuters, Delhi-Mumbai Expressway nears completion, set to open by...
How did Noel Tata succeed Ratan Tata as head of Tata Trusts?
'A day I'll always remember with...': Throwback to Ratan Tata's meeting with Sachin Tendulkar
Adani Energy secures Rs 61088000000 contract in Kenya for enhanced....
What key traits does Google seek in new hires? CEO Sundar Pichai makes big revelation
BIG boost for Gautam Adani as he emerges as biggest dollar gainer among the list of...
RG Kar case: West Bengal government remains silent as condition of fasting medics deteriorates
IDF expresses 'deep concern' after Israeli airstrike in Lebanon injures two UN peacekeepers, says...
Aishwarya Rai ends rumours of tiff with ‘pa’ Amitabh Bachchan’s family with new post, writes…
Mumbai Metro launches Whatsapp-based ticket service for lines 2A and 7; know steps to avail it
Meet former TCS employee, who even worked in SBI bank, then cracked UPSC exam to become...
India announce squad for New Zealand Test series, Jasprit Bumrah named vice-captain
Tamil Nadu train accident: Mysuru-Darbhanga Express crashes into goods train, several feared injured
DNA TV Show: All about JPNIC controversy and why it's causing political tension in Lucknow?
NC's Omar Abdullah meets LG, stakes claim to form J-K government, swearing-in ceremony on...
IND vs BAN, 3rd T20I: Predicted playing XIs, live streaming details, weather and pitch report