HomeNewsAmitabh Bachchan sold shares worth Rs 2.5 crore, the stock is down...

Amitabh Bachchan sold shares worth Rs 2.5 crore, the stock is down 68% from its November 2023 high.

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Amitabh Bachchan, who has been a public shareholder in the company since the March 2018 quarter, sold 123,622 shares of D.P. Wires on Wednesday at an average price of ₹200.84 per share. The total value of the sale was approximately ₹2.48 crore.

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Bollywood superstar Amitabh Bachchan also has significant investments in the stock market. He recently made some changes to his stake in the small-cap company DP Wires Ltd. However, Bachchan hasn’t yet received significant returns from this company, so he has reduced his position slightly.

Amitabh Bachchan ‘s Block Deal Transaction

In fact, DP Wires Ltd.’s stock has fallen 68% from its record high of November 2023. On June 24, 2026, Amitabh Bachchan sold and purchased shares of this company through a block deal.

Amitabh Bachchan, who has been a public shareholder in the company since the March 2018 quarter, sold 123,622 shares of D.P. Wires on Wednesday at an average price of ₹200.84 per share. The total value of the sale was approximately ₹2.48 crore.

On the other hand, in another transaction, he bought 41,566 shares of the same company at the price of Rs 199.90 per share, whose total value was around Rs 83 lakh.

Does Big B still own this stock?

According to data from corporate database AceEquity, prior to this recent block deal, Amitabh Bachchan had maintained his stake in the company at 2.11% for the past four quarters. He held a total of 327,590 shares. After this week’s new transaction, Amitabh Bachchan still holds shares of D.P. Wires, although his stake has now decreased slightly.

According to the data, he held a 2.45% stake (332,800 shares) in the company at the end of March 2018, which had fallen to a low of 1.47% in the September 2023 quarter. Subsequently, in November 2023, the company issued bonus shares in the ratio of 1:7.

Stock Movement

DP Wires Limited is a manufacturer of steel wires, specialized LRPC strands, and geomembrane sheets. The company was listed on the SME platform in fiscal year 2018 and subsequently migrated to the Main Board on January 17, 2020.

However, the stock has gained nearly 22% in the past five days. On Friday, it saw a gain of approximately 2.50%, closing at Rs 215.59. However, it is trading approximately 68% below its all-time high of Rs 681.45, reached on November 17, 2023. So far in 2026, the stock has returned approximately 7%, while over the past five years, it has returned a meager 44%.

Weak results put pressure on the stock.

The company’s weak financial performance is believed to be a key reason behind this sharp decline. The company’s standalone sales declined to ₹480.11 crore in fiscal 2026 from ₹620.93 crore in fiscal 2025. Similarly, the company’s annual profit also declined from ₹22.20 crore to ₹17.58 crore.

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