Bodhi Tree Multimedia gains on incorporating subsidiary company
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Bodhi Tree Multimedia is currently trading at Rs. 185.00, up by 0.65 points or 0.35% from its previous closing of Rs. 184.35 on the BSE.
The scrip opened at Rs. 184.65 and has touched a high and low of Rs. 186.50 and Rs. 184.00 respectively. So far 81 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.95 on 10-Apr-2023 and a 52 week low of Rs. 144.40 on 15-Feb-2023.
Last one week high and low of the scrip stood at Rs. 199.25 and Rs. 178.70 respectively. The current market cap of the company is Rs. 233.05 crore.
The promoters holding in the company stood at 35.42%, while Institutions and Non-Institutions held 0.48% and 64.10% respectively.
Bodhi Tree Multimedia has received approval from Ministry of Corporate Affairs for incorporation of subsidiary of the Company in the name of ‘Dharmaveer Media City’ on April 24, 2023. The Ministry of Corporate Affairs, has issued a Certificate of Incorporation for the same. Dharmaveer Media City is incorporated to expand its business.
The company’s business model is B2B, wherein the primary business activity includes content production for television, films and digital platforms.
