Overview
- The actor sold 1,23,622 equity shares in DP Wires through an open‑market bulk deal, reducing his holding by 0.79% in a transaction worth about Rs 2.48 crore, according to NSE data reported Wednesday.
- Exchange records show the shares were sold at an average price of Rs 200.84 each and that Bachchan had earlier bought 41,566 shares at an average Rs 199.90, indicating both purchase and sale activity over the recent period.
- DP Wires shares rose roughly 4.56% to trade near Rs 213 on the NSE after the reported sale, drawing fresh trading interest in the stock in early sessions.
- NSE bulk‑deal reporting provides trade size and price but typically does not identify counterparties, so the buyers in this transaction could not be ascertained from the exchange data.
- Analysts say transactions by a high‑profile investor like Bachchan can keep a small industrial company under the market spotlight and may prompt short‑term trading, even when the moves reflect portfolio rebalancing rather than a change in company fundamentals.