Multibagger from its 52-week low: This micro-cap company bags transformative orders worth Rs 17 crore; Fuels innovation & global expansion in the VFX industry!
The shares of the company have an ROE of 65 per cent and an ROCE of 75 per cent.
Phantom Digital Effects Limited, a leading visual effects studio, has secured significant new projects valued at approximately Rs 17 crore. These projects span across domestic and international markets, reflecting the company's growing reputation for innovation and expansion. This win marks a monumental leap forward for PhantomFX, solidifying its position as an industry leader.
The projects encompass a comprehensive scope of work, catering to clients in India, the United States, and Canada. With a Rs 3 crore portion dedicated to the domestic market, PhantomFX demonstrates its commitment to local clients. The remaining Rs 14 crore signifies the company's strong international presence and reach. Leveraging its expertise and creativity, PhantomFX is confident in delivering these projects successfully, setting new benchmarks for the visual effects industry.
Also Read: Promoter bought 5.12 per cent stake of this multibagger penny stock in Q4; Company achieved a significant win by acquiring a new client in the European region!
Established in 2016, Phantom Digital Effects Limited (PDEL) is a TPN-certified VFX studio based in India with branches operating in the US and Canada through partner agencies. PDEL offers a comprehensive range of VFX services for commercials, feature films, and web series, including compositing, rotoscoping, 3D element creation, animation, match moving, and environment design. The company boasts a diverse clientele and has contributed to numerous domestic and international projects, including Hollywood films, web series, and commercials.
The company has a market cap of over Rs 600 crore and reported excellent numbers in its Quarterly Results and annual results. The shares of the company have an ROE of 65 per cent and an ROCE of 75 per cent.
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 233.35 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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