Penny Stock Investment: Ekta Kapoor invested Rs 25 crore in this stock, got strong returns in the stock, know the complete details…
Penny Stock Investment: Last week there was a huge fall in the stock market, but today i.e. on Monday the trading has started with good growth. In today's opening session, both Sensex and Nifty indices are trading with a gain of more than 1 percent.
At the same time, a rise of 10 percent has been recorded in the shares of the famous television production company Balaji Telefilms Limited. Let us tell you that last week this stock had sold its shares on preferential basis, in which well-known producer Ekta Kapoor has also increased her investment in the company, after which today there has been a rise in the shares.
10 percent rise in shares
Shares of Balaji Telefilms had made its intraday high at Rs 88.29 on Monday with a gain of more than 10 per cent, while on Friday the penny stock had closed at Rs 79.80.
The 52-week high of Balaji Telefilms shares is Rs 143.70, while the 52-week low is Rs 54.35. The market capital of this film production company is Rs 872.13 crore.
Rs 131 crore raised through preferential
The company said in an exchange filing on Thursday that its board of directors approved the issue of 1 crore 78 lakh 59 thousand 776 equity shares on preferential basis at the share price of Rs 73.17, through which the company raised Rs 131 crore. The company had selected a total of 8 investors including famous film producer Ekta Kapoor.
Ekta Kapoor increased her stake
The company further said that through preferential issue, Ekta Kapoor has purchased 34 lakh 16 thousand 700 shares, which are worth Rs 25 crore. This is 19.1 percent of the total issue. After this, his stake in this company will increase from 18.16 percent to 18.30 percent.
Let us tell you that during the last one month, this penny stock has increased by 40 percent, while in 6 months investors have got a profit of about 25 percent. Apart from this, this stock has increased by only 10 percent in one year.
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