180 per cent returns in 3 months: This multibagger micro-cap stock bags huge order from Netflix!
The stock has witnessed significant buying activity, with an increase of more than 180 per cent in the past 3 months
On Wednesday, shares of Phantom Digital Effects surged and reached the upper circuit of 5 per cent, trading at an intraday high of Rs 434.10 per share on the NSE. The stock witnessed a significant increase in trading volume.
The company informed the exchange that it has received an order from the prestigious OTT platform, Netflix, for VFX requirements. These requirements include content produced directly by Netflix, content produced by a Production Services Company (PSC), or content licensed from a Licensor for exhibition on the Netflix OTT platform. The contract is estimated to be worth Rs 120 crore for a period of four years, subject to agreed terms and conditions.
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Phantom Digital Effects Limited is a Certified Trusted Partner Network (TPN) company, operating as a full-fledged creative VFX studio based in India, with offices in the US and Canada. As a TPN Certified studio, PhantomFX offers a wide range of VFX services.
The stock has witnessed significant buying activity, with an increase of more than 180 per cent in the past 3 months. In the last month alone, the stock has experienced positive traction, surging more than 35 per cent. keep a close eye on this trending multibagger micro-cap stock.