Panorama Studios International rises on acquiring 10% stake in NY Cinemas
Panorama Studios International is currently trading at Rs. 1006.00, up by 8.55 points or 0.86% from its previous closing of Rs. 997.45 on the BSE.
The scrip opened at Rs. 1006.00 and has touched a high and low of Rs. 1007.05 and Rs. 970.40 respectively. So far 10158 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1074.50 on 06-Mar-2024 and a 52 week low of Rs. 133.05 on 04-May-2023.
Last one week high and low of the scrip stood at Rs. 1007.05 and Rs. 890.60 respectively. The current market cap of the company is Rs. 1344.02 crore.
The promoters holding in the company stood at 68.30%, while Non-Institutions held 31.70% stake in the company.
Panorama Studios International has acquired 10% stake in NY Cinemas. NY Cinemas is in multiplex cinema business currently having 30 operational screens and is eyeing 50 screens upto March 2025.
Panorama Studios International continues to be engaged in Entertainment, Media& Film Production as its principal business.