5:1 stock split & 3,800 per cent returns: Multibagger film-making company entered into an agreement with Super Cassettes Industries and Maruti International for the film Dhamaal 4
The shares of the company have an ROE of 39 per cent and an ROCE of 45 per cent.
Panorama Studios International Limited has entered into a Line production deal agreement for Rs 113.80 crore with Super Cassettes Industries Pvt Ltd and Maruti International for the film "Dhamaal 4 ".
Incorporated in 1980, Panorama Studios International Ltd is a major player in the Indian media and entertainment industry. This diversified film studio focuses on the production and distribution of media entertainment and content. Throughout its history, Panorama Studios has garnered commercial success and critical acclaim for films like Omkara, Special 26, Drishyam and Singham.
The board of directors for Panorama Studios International Ltd is considering a stock split. This means they'd divide each existing share of the company's stock, which currently has a face value of Rs 10, into 5 separate shares with a face value of Rs 2 each. The overall value of your ownership wouldn't change, but the number of shares you hold would increase by a factor of 5. This proposal requires approval from the company's shareholders at a general meeting. If the split is approved, any future benefits like dividends or bonuses would also be divided amongst the increased number of shares.
Today, shares of Panorama Studios International plunged 0.52 per cent to Rs 924.80 per share with an intraday high of Rs 943.55 and an intraday low of Rs 900. The stock’s 52-week high is Rs 1,094 and its 52-week low is Rs 196.
Also Read: Multibagger from its 52-week low: This micro-cap IT-company expands its supply chain finance platform with a strategic stake in Regime Tax Solutions through its subsidiary
The company has a market cap of over Rs 1,200 crore with a 3-year stock price CAGR of 170 per cent. The stock gave multibagger returns of 335 per cent in just 1 year, 835 per cent in 2 years and a whopping 3,800 per cent in 5 years. The shares of the company have an ROE of 39 per cent and an ROCE of 45 per cent. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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