Bodhi Tree Multimedia climbs on getting nod to incorporate subsidiary
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Bodhi Tree Multimedia is currently trading at Rs. 12.78, up by 1.50 points or 13.30% from its previous closing of Rs. 11.28 on the BSE.
The scrip opened at Rs. 13.19 and has touched a high and low of Rs. 13.53 and Rs. 12.60 respectively. So far 1418104 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 23.50 on 31-Jan-2024 and a 52 week low of Rs. 9.82 on 12-Nov-2024.
Last one week high and low of the scrip stood at Rs. 13.53 and Rs. 9.88 respectively. The current market cap of the company is Rs. 168.57 crore.
The promoters holding in the company stood at 35.30%, while Institutions and Non-Institutions held 0.62% and 64.08% respectively.
Bodhi Tree Multimedia has received approval for incorporation of Subsidiary company by name ‘Mad Lab Alpha’ or any other name as approved by Ministry of Corporate Affairs. The proposed subsidiary company incorporated in India shall carry out business in the field of Media and Entertainment. The Board of Directors of the company at their meeting held on January 6, 2025, have approved the same.
Bodhi Tree Multimedia is primarily engaged in content production for television, films and other digital platforms.
