Multibagger penny stock at Rs 10.49 hit upper circuit & 52-week high as company Partners with John Abraham co-owned Joybox Active

Multibagger penny stock at Rs 10.49 hit upper circuit & 52-week high as company Partners with John Abraham co-owned Joybox Active

Kiran Shroff

The stock gave multibagger returns of 219 per cent in just 6 months and a whopping 422 per cent in just 1 year.

CNI Research Ltd has announced a strategic partnership with Joybox Active, a pioneering AI-based sports tech platform co-owned by renowned Indian actor and fitness icon, John Abraham. CNI will serve as the exclusive business development partner for Joybox Active in India and South Asia, with the potential for substantial revenue generation from regional deals. Additionally, CNI will take the lead on global DevOps for the platform, ensuring continuous revenue streams from worldwide transactions. This collaboration marks a significant step for CNI as it expands its presence in the emerging tech and deep tech IP sectors. The company is undergoing a rebranding to "Tomorrow Technologies" to align with its new ventures.

Joybox Active: Revolutionizing Athletic Performance Analysis

Joybox Active, set to launch on January 1, 2025, is poised to redefine athletic performance analysis. The platform leverages advanced sensor technology and AI to provide athletes with in-depth biomechanical data and performance insights. By democratizing access to professional-grade analytics, Joybox Active aims to empower athletes of all levels to reach their full potential. John Abraham's involvement as a co-owner is instrumental in achieving the platform's mission of making elite sports performance analytics accessible to everyone. His star power and passion for sports are expected to elevate Joybox Active to a global household name.

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A Powerful Combination: Technology, Business, and Celebrity

The partnership between CNI Research and Joybox Active brings together cutting-edge technology, robust business development, and the influential appeal of John Abraham. Joybox Active's innovative platform, offering comprehensive AI-based analytics at an affordable price point of $20 per month, is primed to disrupt the sports industry. With its user-friendly interface and focus on athlete empowerment, Joybox Active is poised to become the go-to platform for athletes worldwide. As CNI capitalizes on its business development and DevOps expertise, the company is well-positioned to benefit from the anticipated success of Joybox Active.

About CNI Research Ltd

CNI Research Ltd, established in 1982, is a financial services company offering equity research, content creation, and advisory services to both domestic and global clients. With a focus on small and Mid-Cap companies, the company provides qualitative research, information, and online media products, including research reports, Market commentary, and investment recommendations. Their diverse business model caters to retail investors, high-net-worth individuals, institutions, and corporations, delivering insights and analysis through various platforms to a reach of over 62,000 viewers.

On Tuesday, shares of CNI Research Ltd gained 2 per cent upper circuit to Rs 10.49 per share from its previous closing of Rs 10.09 per share. The stock also made a 52-week high is Rs 10.49 and its 52-week low is Rs 1.95. The stock gave multibagger returns of 219 per cent in just 6 months and a whopping 422 per cent in just 1 year. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

Also Read: 2:1 stock split & Rs 94,000 crore order book: President of India-backed multibagger defence stock to keep under radar as PAT jumps 76.6 per cent in Q1FY25

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