Top 10 stocks that helped Union Home Minister Amit Shah's net worth increase by 100 percent

As per the affidavit filed by Union Home Minister for Lok Sabha Polls 2024, Amit Shah & his wife's networth grew by over 100 per cent in the past five years.

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Union Home Minister Amit Shah on April 19, 2024 filed his nomination to fight Lok Sabha Elections 2024 from Gandhinagar seat. Following the Election Commission of India's guidelines, Amit Shah declared his networth which included movable & immovable assets. Furthermore, the nomination papers also declared Amit Shah's wife Sonal Shah's assets. As per the affidavit, Union Home Minister Amit Shah and his wife Sonal own assets totaling Rs 65.67 crore. During the 2019 Lok Sabha polls, their networth was Rs 30.49 crore. It means, Amit Shah & his wife's networth grew by over 100 per cent in the past five years. Notably, investing in stocks and shares of companies is one of the reasons why Amit Shah's networth has been skyrocketed in the past five years. 


Although Amit Shah & his wife Sonal own small portions of numerous stocks, a significant part of their portfolio is concentrated in 10 stocks, each valued at a minimum of Rs 1 crore. Below is a list of top 10 stocks that made Amit Shah richer in last five years. 


  1. Canara Bank: HM Amit Shah has around Rs 7.25 lakh worth of shares, while Sonal Shah has 50,000 shares valued at Rs 2.96 crore.
  2. Procter & Gamble Hygiene and Health Care: A combined investment of over Rs 1.9 crore, each, has been made.
  3. Karur Vysya Bank: The valuation of Sonal Shah's one lakh shares is Rs 1.9 crore.
  4. Gujarat Fluorochemicals: A Rs 1.79 crore investment has been made by Sonal Shah.
  5. Lakshmi Machine Works: Sonal Shah has a 1.75 crore rupee stake in the company.
  6. Hindustan Unilever Limited (HUL): Amit Shah holds a stake in company worth Rs 1.35 crore.
  7. MRF: Union Home Minister Amit Shah is the owner of 100 shares worth Rs 1.29 crore of the tyre manufacturer.
  8. Bharti Airtel: Sonal Shah owns shares worth Rs 1.22 crore in the telecom company.
  9. Colgate-Palmolive (India): Amit Shah investment in this company is around Rs 1.07 crore.
  10. Sun Pharma: Sonal Shah has stake in the company of more than Rs 1 crore. 


Notably, the market value of Amit Shah's equity portfolio is around Rs 17.46 crore. His top five interests are HUL, MRF, Procter & Gamble Hygiene And Health Care, and ABB India. ITC, VIP Industries, Infosys, Grindwell Norton, Cummins India, and Kansai Nerolac Paints are a few more noteworthy investments.





(DISCLAIMER: Consult Your Financial Advisor Before Investing In Any Stocks)