Penny stock under Rs 10: This micro-cap company proudly unveils Gulf Land as the title sponsor of TSL Hawks for The World Tennis League (WTL) – know more here!

Kiran Shroff
/ Categories: Trending, Penny Stocks
Penny stock under Rs 10: This micro-cap company proudly unveils Gulf Land as the title sponsor of TSL Hawks for The World Tennis League (WTL) – know more here!

The 52-week high of the stock is Rs 20.33 and the 52-week low of Rs 4.65.

Toyam Sports Limited and Pacific Star Sports (TSL-PSS), the proud team owners, announced that 'Gulf Land' is the esteemed title sponsor for their highly anticipated team 'TSL-HAWKS' in the upcoming World Tennis League (WTL) – The Greatest Show on Court. As the leading real estate brand in the UAE, Gulf Land has strengthened its standing through the consistent delivery of top-tier products and services. Serving as the title sponsor for the TSL-Hawks team in the World Tennis League emphasizes their commitment to promoting sporting excellence and delivering unparalleled experiences for fans and athletes.

Toyam Sports Limited (TSL), the sole BSE-listed sports company in India and a seasoned supporter of global sporting events has taken a major leap into the world of professional tennis by acquiring ownership of 'The Hawks,' a team renamed as TSL Hawks in the prestigious Meteora World Tennis League. This ownership under TSL's UAE-based subsidiary Pacific Star Sports marks an exciting expansion for the company, which has previously built a strong track record in cricket, Mixed Martial Arts, and even reality TV with events like the African Cup T20, 'Kumite 1 League,' and 'Kumite-1 Warrior Hunt.' With top players like IGA Swiatek, Hubert Hurkacz, Caroline Garcia, and Casper Ruud joining the TSL Hawks roster, this foray into tennis promises thrilling action and further cements TSL's commitment to fostering sporting excellence on a global stage.

World Tennis League Season 2 serves up a grand slam of athletic prowess and musical magic in Abu Dhabi. From December 21 to December 24, witness at least 6 top 10 tennis players like Medvedev, Swiatek, and Tsitsipas battle it out. But the excitement doesn't stay on the court! Global music giants like 50 Cent and Ne-Yo take the stage, ensuring an unforgettable experience where every point and every beat leaves you wanting more. Get ready for a four-day extravaganza that blends world-class tennis with chart-topping hits.

Toyam Industries Ltd was incorporated in 1985. The company operates in the commodity business, finance business, restaurant business & event business. The registered office of the company is in Mumbai. The company’s 0.54 per cent stake is owned by FIIs and the remaining 99.46 per cent stake is owned by the public. The company has very little debt with only Rs 0.79 crore in current debt.

Today, shares of Toyam Sports Ltd gained 3.43 per cent to Rs 6.03 per share from its previous closing of Rs 5.83 per share. The 52-week high of the stock is Rs 20.33 and the 52-week low of Rs 4.65. The company has a market cap of over Rs 330 crore.

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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