Low PE Amitabh Bachchan Portfolio Stock Gains Rs 71,70,945 In A Single Day As This Small-Cap Stock Surges 12%
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D P Wires, in which Amitabh Harivansh Rai Bachchan holds a 2.11 per cent stake comprising 3,27,590 shares, traded 11.64 per cent higher, taking the value of his holding up by approximately Rs 71,70,945 in a single day
✨ Key Takeaways
On Tuesday, Indian equity benchmarks traded marginally lower, with the benchmark Nifty 50 index trading at 24,116.35. Amid the broader market movement, D P Wires share price traded at Rs 210.01, up 11.64 per cent from the previous close of Rs 188.12.
Amitabh Bachchan Gains Rs 71.70 Lakh In A Single Day
According to the latest shareholding pattern for March 2026, Amitabh Harivansh Rai Bachchan held 3,27,590 equity shares of D P Wires, representing a 2.11 per cent stake in the company. With the stock gaining Rs 21.89 during Tuesday's session, the value of his holding increased by approximately Rs 71,70,945 in a single trading day.
Shareholding Pattern Remains Stable
The company's shareholding pattern remained largely unchanged during the March 2026 quarter. Promoters held a 74.78 per cent stake, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) held 0.01 per cent and 0.03 per cent stakes, respectively. Public shareholding stood at 25.19 per cent, with Amitabh Bachchan continuing to remain among the notable public shareholders.
Share Price Performance And Valuation
D P Wires has delivered strong returns over the short term, with the stock gaining 21.96 per cent in the last one month. However, it declined 2.06 per cent over the past six months and 4.24 per cent over the last one year.
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The company currently has a market capitalisation of Rs 316 crore. The stock trades at a price-to-earnings (PE) ratio of 18 times, compared with the industry average PE of 22.6 times, indicating that it is trading at a discount to the industry valuation.
About D P Wires
D P Wires Limited is engaged in the manufacturing and supply of steel wire products used across power transmission, infrastructure, engineering and industrial applications. Its product portfolio includes galvanised steel wires, plastic-coated wires, stay wires and conductors catering to a wide range of industries.
The company serves sectors such as power transmission and distribution, telecommunications, Railways, Construction and infrastructure. Through its manufacturing facilities and distribution network, D P Wires supplies products to customers across domestic and international markets and continues to strengthen its presence in the wire and cable industry.
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Disclaimer: The article is for informational purposes only and not investment advice.