Bollywood actor Amitabh Bachchan reduces his shareholding in DP Wires Ltd through an open market sale, according to National Stock Exchange (NSE) bulk deal data. Bachchan sells 1,23,622 equity shares in the Madhya Pradesh-based steel wires manufacturer, which represents about a 0.79% stake. The shares are sold on Tuesday at an average price of ₹200.84 each, for a total transaction value of around ₹2.48 crore. The reports note that as of the end of the March quarter, Bachchan held about 2.11% stake in DP Wires, equivalent to roughly 3.27 lakh shares. The same exchange data also shows he purchased 41,566 shares during the period at an average price of ₹199.90 each, worth about ₹83.09 lakh, indicating mixed buy-and-sell activity. Following the bulk deal, DP Wires shares trade up, with one report citing a 4.56% gain to around ₹213.03 on the NSE. The identities of the other parties to the transactions are not disclosed in the exchange data cited.
Amitabh Bachchan sells 0.79% stake in DP Wires for about ₹2.48 crore
Bollywood actor Amitabh Bachchan reduces his shareholding in DP Wires Ltd through an open market sale, according to National Stock Exchange (NSE) bulk deal data. Bachchan sells 1,23,622 equity shares...
- Amitabh Bachchan sells 1,23,622 DP Wires shares, representing about 0.79% stake.
- The sale is executed via an open market transaction at an average price of ₹200.84 per share.
- The transaction value is about ₹2.48 crore, based on NSE bulk deal data.
- DP Wires shares rise after the deal, with one report citing a 4.56% increase to about ₹213.03 on the NSE.
- Exchange data cited does not disclose the identities of the counterparties in the transaction.
Mumbai: Shares of DP Wires Ltd rose sharply in early trade on Wednesday after Amitabh Bachchan reduced part of his stake in the company through an open market transaction.The stock gained strong momentum following the bulk deal and attracted fresh investor attention.According to bulk deal data available on the National Stock Exchange (NSE), Bachchan sold 1,23,622 shares, representing nearly 0.79 percent stake in the company.The shares were sold at an average price of Rs 200.84 per share, taking the total transaction value to around Rs 2.48 crore.Stake ChangeAt the end of the March quarter, Bachchan held a 2.11 percent stake in DP Wires, equivalent to nearly 3.27 lakh shares.Interestingly, exchange data also showed that Bachchan purchased 41,566 shares in the same period at an average price of Rs 199.90 per share.The value of this purchase stood at around Rs 83.09 lakh.The identities of the counterparties involved in the transaction were not disclosed.Stock MovementFollowing the deal, DP Wires shares climbed 4.56 percent to Rs 213.03 on the NSE, reflecting strong buying interest.Market participants often closely track transactions involving high-profile investors, as such moves can influence market sentiment and trading activity.DP Wires, based in Madhya Pradesh, manufactures steel wires used in multiple industrial applications.Amitabh Bachchan Sells 0.79% Stake In DP Wires Ltd For ₹2.48 Crore Via Open Market TransactionThe company has remained on investors radar due to its business growth and changes in shareholding patterns.Analysts believe the mixed buy-and-sell activity by a marquee investor like Bachchan may keep the stock in focus in the near term, while broader market sentiment will continue to influence price movement.Disclaimer: This story is based on exchange data and market disclosures, not investment advice. Investors should evaluate risks before investing.
21 hours agoNew Delhi: Bollywood megastar Amitabh Bachchan has pared his holding in steel wires manufacturer DP Wires Ltd by selling nearly 1 per cent stake for Rs 2.48 crore through an open market transaction.Amitabh Harivansh Rai Bachchan offloaded 1,23,622 equity shares representing 0.79 per cent stake in the Madhya Pradesh-based company, as per the bulk deal data available on the National Stock Exchange (NSE).Lots of Bollywood actors are taking interest in Stock Market since last few yearsToday Amitabh Harivansh Rai Bachchan bought & sold few shares of D P WIRES pic.twitter.com/adm7Wj6VQm— G K AGARWAL (@ipo_agarwal) June 23, 2026 The shares were sold on Tuesday at an average price of Rs 200.84 apiece, taking the transaction value to Rs 2.48 crore.At the end of the March quarter, Bachchan held 2.11 per cent stake or 3.27 lakh shares in DP Wires.Meanwhile, the veteran actor purchased 41,566 shares at an average price of Rs 199.90 per piece, amounting to Rs 83.09 lakh, according to the NSE data.Airo Lam Shares Surge 20%, Stock Jumps From ₹85.49 To ₹102.58 In A Single Session The identities of the other buyers of DP Wires' shares could not be ascertained on the exchange.Shares of DP Wires rose 4.56 per cent to trade at Rs 213.03 apiece on the NSE.(Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)To get details on exclusive and budget-friendly property deals in Mumbai & surrounding regions, do visit: https://budgetproperties.in/
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