Home Minister Amit Shah’s stock market holdings show a diversified portfolio of higher value stocks. INR17 billion in around 180 listed companies, as revealed in the election affidavit filed by Amit Shah.
The five major bets include Hindustan Unilever Ltd, MRF Ltd, Colgate-Palmolive (India) Ltd, Procter & Gamble Hygiene & Healthcare Ltd, and ABB India Ltd.
Hindustan Unilever holds significant stake value INR1.35 billion, then MRF Ltd ( INR1.29 billion), Colgate-Palmolive India (1.07 billion), Procter & Gamble Hygiene & Healthcare ( INR9.5 billion) and ABB India ( INR7.1 million or 0.71 billion).
The valuation of the shares held by these five companies is approximately INRAt $5.4 billion, it represents a significant portion (nearly a third) of Home Minister Amit Shah’s total listed portfolio. INR17.43 billion.
Other blue-chip or prominent companies included in our holdings are ITC Ltd ( INR638,800), Infosys Ltd ( INR43.6 million), Kansai Nerolac Paint ( INR409,700), Larsen & Toubro Ltd ( INR2.34 million rupees), Nestle India Co., Ltd. ( INR38.3 million), Oil and Natural Gas Company Limited ( INR129,000), Voltas ( INR12.83 million rupees).Amit Shah also owns a substantial stake in VIP Industries. INR52.19 million rupees.
Please also read- Infosys stock has the highest weightage in the Nifty IT index. TCS is in 2nd place
There has also been significant investment in REC Ltd ( INR171,600), Welspun Corporation ( INR167,500), West Coast Paper Mill ( INR150,200), Vedanta ( INR222,300), Ramco Cements ( INR32.36 million), Bombay Burma Trading Company ( INR387,700), Grindwell Norton ( INR427,400), Nesco Co., Ltd. ( INR32.44)
Amit Shah also holds holdings in the prominent Tata group of companies. While at Tata Teleservices (Maharastra), Mr. Amit Shah’s holdings in Tata Consumer Products, Tata Chemicals Limited were: INR11-13 Lakhs each, and he also owns almost all the shares in Tata Motors. INR20,000 rupees. Raris India Limited is also among the Tata Group companies held by Amit Shah, but the value of his holdings is only 20 million yen. INR0.4 million rupees.
Amit Shah has filed his candidature as the Bharatiya Janata Party (BJP) candidate from Gujarat’s Gandhinagar seat for the 2024 elections. She has been representing his constituency since 2019.
Prominent among other large holdings are Cummins India Ltd ( INR425,900), Anant Raj Ltd ( INR332,500), Berger Paint ( INR35.66 Lakh), Bharat Forj ( INR26.33 million), Century Textiles and Industries (Rs. INR31.43 million), RHI Magnesita India Limited ( INR25.05 million rupees)
Amit Shah has also invested in Anil Ambani-led companies such as Reliance Capital Ltd., Reliance Power Ltd., Reliance Communications Ltd. and Reliance Infrastructure Ltd. Although his investments in the first three companies are small, Home Minister Amit Shah still holds a valuable stake in Reliance Infrastructure. INR1.17 million rupees.
Please also read- Hindustan Zinc stock rose 5%. Should you buy the stock after the fourth quarter results?Here’s what the experts say
However, Mr. Shah also holds a significant stake in DCM Nouvelle Ltd. INR198,000), EIH Associated Hotels Co., Ltd. ( INR231,700), Finolex Cables Ltd ( INR197,100,000), GAIL India Ltd ( INR174,100), ACC Ltd ( INR$170,000), Aditya Birla Fashion and Retail (almost INR1.8 million), Hitachi Energy Co., Ltd. ( INR157,600 rupees), Ahluwalia contract INR1.1 million, Alembic Pharmaceuticals ( INR1.4 million), Bajaj Electricals ( INR143,700), Mphasis Ltd ( INR14.36 billion) and BPCL ( INR9.47 lakh).
RHI Magnesitanst Anant raj lle ITC Ltd Other companies
Unlock a world of benefits! From insightful newsletters to real-time inventory tracking, breaking news and personalized newsfeeds, it’s all here, just a click away. Log in here!