Social News XYZ     

Likely FM Amit Shah understands power of blue chips

Likely FM Amit Shah understands power of blue chips

Ahmedabad, May 30 (IANS) BJP President and master strategist Amit Shah, who is widely believed to become the next Finance Minister, is a serious stock market player. His affidavits to the Election Commission reflect his love for blue chips.

Amit Shah's key investments include stock worth Rs 2 crore of Reliance Industries, Rs 1.4 crore in L&T Finance, and Rs 1 crore in Tata Consultancy Services (TCS).

 

Smaller investments include Rs 97 lakh in UltraTech, Rs 83 lakh in Hindustan Lever and Rs 65 lakh in Maruti. There are smaller investments in unlisted companies also.

In all, his portfolio comprises 193 stocks, most of them large-cap and mid-caps.

Out of his total net worth of Rs 30.49 crore, as declared in his affidavit with his nominations for the Lok Sabha elections, the holdings in listed firms were to the tune of Rs 17.56 crore as on March 22, 2019.

The rest is in immovable properties.

Facebook Comments
Likely FM Amit Shah understands power of blue chips

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz