Panorama Studios International touches roof as its arm inks pact with Reliance Industries
Panorama Studios International is locked its upper circuit limit at Rs.281.60, up by 13.40 points or 5.00% from its previous closing of Rs. 268.20 on the BSE.
The scrip opened at Rs. 281.60 and has touched a high and low of Rs. 281.60 and Rs. 257.00 respectively. So far 6693 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 281.60 on 26-Jun-2023 and a 52 week low of Rs. 81.00 on 27-Jun-2022.
Last one week high and low of the scrip stood at Rs. 281.60 and Rs. 187.00 respectively. The current market cap of the company is Rs. 350.31 crore.
The promoters holding in the company stood at 73.24%, while Non-Institutions held 26.76% stake in the company.
Panorama Studios International’s subsidiary -- Panorama Music has entered into an agreement with Reliance Industries through its media and entertainment division Jio Studios to purchase music rights for 11 Hindi Films, 2 Hindi Web Series, 1 Malayalam Film, 1 Bengali Film and 1 Tamil Film, which are planned to release in this fiscal year.
Panorama Studios International continues to be engaged in Entertainment, Media& Film Production as its principal business.
