Big B’s blockbuster run continues in stock market

Often called the smart stock investor of Bollywood, Bachchan’s current portfolio is a ‘super hit’ on the bourses. Amitabh Bachchan’s investment in shares of as many as 5 companies have outperformed significantly amid high volatility in the fiscal so far.

Just like he is ruling the Indian box-office with strong performances one after another, Bollywood superstar Amitabh Bachchan’s portfolio, too, remains as charismatic as the superstar’s presence on the silver screen.
 
Often called the smart stock investor of Bollywood, Bachchan’s current portfolio is a ‘super hit’ on the bourses. Amitabh Bachchan’s investment in shares of as many as 5 companies have outperformed significantly amid high volatility in the fiscal so far. We do not have an exhaustive or complete list of his holdings and the estimates are based on published figures available in the media.  
 
This fiscal so far, the S&P BSE Sensex has plunged by 8.05% to 25,705.93 level. Similarly, the CNX Nifty has fallen by 7.79% to 7,829.10 level. However, contradicting the negative trends, Bachchan’s investment sees nearly 400% surge.
 
His investment in the Mumbai-based speciality chemical producer Fineotex Chemical Ltd has spurted by 396.58%. As per the company’s shareholding pattern, Bachchan held 12,23,414 shares (equivalent to 5.45% stake) as on March-15 and his holding stands at 59,42,070 (5.29%) as on June-15. In value term, Bachchan’s holding of Rs. 2.72 cr has jumped to Rs. 13.54 cr at present.
 
In Stampede Capital Ltd, Bachchan’s investment is running blockbuster with 108% increase in the fiscal so far. The value of Bachchan’s investment in the company has soared to Rs. 30.38 cr from Rs. 14.60 cr as on March-15. His current share holding in the company stands at 3.42%.
 
Just Dial Ltd had given Amitabh Bachchan 62,794 shares at Rs. 10 for becoming its brand ambassador. After the company’s successful IPO in 2013, Bachchan has maintained its investment. Now, with the company’s stock at Rs. 914.10, the value of his holding has skyrocketed to Rs. 5.73 cr from Rs. 6.27 lk.
 
In August this year, the Bollywood megastar bought 15,00,000 shares of Nitin Fire Protection Industries Ltd at Rs. 42.99. The current price of the stock takes Bachchan’s investment of Rs. 6.44 cr to Rs. 6.96 cr, a moderate rise of 8%.