Panorama Studios International touches roof after its arm inks pact with M/s Believe International
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Panorama Studios International is currently trading at its upper limit of Rs. 115.15, up by 5.45 points or 4.97% from its previous closing of Rs. 109.70 on the BSE.
The scrip opened at Rs. 115.00 and has touched a high and low of Rs. 115.15 and Rs. 113.75 respectively. So far 3451 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.65 on 14-Dec-2022 and a 52 week low of Rs. 70.45 on 06-Apr-2022.
Last one week high and low of the scrip stood at Rs. 115.15 and Rs. 92.30 respectively. The current market cap of the company is Rs. 143.32 crore.
The promoters holding in the company stood at 72.18%, while Non-Institutions held 27.82% stake in the company.
Panorama Studios International’s Subsidiary company -- M/s Panorama Music has signed strategic alliance agreement with M/s Believe International to further enhance the music content catalogue. M/s Believe International has agreed to pay M/s Panorama Music an advance of EURO 12200000 for content creation over the next Six Years.
Panorama Studios International continues to be engaged in Entertainment, Media& Film Production as its principal business.
