Amarnath Securities touches roof on getting fund mandate to invest Rs 100 crore in media and entertainment sector
Amarnath Securities is locked its upper circuit limit at Rs. 14.00, up by 0.66 points or 4.95% from its previous closing of Rs. 13.34 on the BSE.
The scrip opened at Rs. 14.00 and has touched a high and low of Rs. 14.00 and Rs. 14.00 respectively. So far 1104 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.00 on 03-Jun-2024 and a 52 week low of Rs. 10.15 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 14.00 and Rs. 11.00 respectively. The current market cap of the company is Rs. 4.20 crore.
The promoters holding in the company stood at 6.57%, while Non-Institutions held 93.43% in the company.
Amarnath Securities has received a fund aggregation mandate to invest Rs 100 crore in the media and entertainment sector, in collaboration with renowned author and filmmaker Dr. Deepak Singh. This strategic investment marks company’s foray into content creation, with a focus on feature films, web series, and high-quality entertainment content. The initiative aligns with the company’s diversification strategy and long-term vision for entering the rapidly growing media industry.
Dr. Deepak Singh, known for his critically acclaimed films Soorma, Tiger, and The Bad President, will lead the creative direction of this investment. The partnership will initially allocate Rs 100 crore towards content development, with the potential for additional funding based on post-release collaborations and studio partnerships.
Amarnath Securities is a Non-Banking Financial Company (NBFC). The main business of the company is to make both long term and sort term investment in shares, Mutual Fund, debentures and other tradeable securities.
