Multibagger Stock update: This digital entertainment company forays into new content creation segment!
Shares of the company have gained more than 200 per cent in the last six months.
On March 10, 2023, Bodhi Tree Multimedia Limited (BTML) in the exchange filling informed that after an extremely successful run-in television and OTT with acclaimed and commercially successful shows such as Class (Netflix) and Main Hoon Aparajita (Zee), BTML is now foraying into the content creation vertical of mythological and historical content. With an increasing demand in mythological and historical content, BTML will work towards scaling up this vertical.
Bodhi Tree Multimedia Limited has delivered multibagger returns to its shareholders. During this period, the company’s share price jumped from Rs 27.18 on March 15, 2022, to Rs 172.05 on March 13, 2023, an increase of more than 500 per cent in one year holding period.
Bodhitree Multimedia is a leading production house in India, known for producing critically acclaimed and commercially successful films across a range of genres. The company has earned a reputation as one of the most exciting and dynamic film production companies in the industry.
Today, the stock opened at Rs 173.65, with a high and low of Rs 174.55 and Rs 170.50. The stock is currently trading at Rs 172.00, down by 0.41 per cent.
The stock has a 52-week high of Rs 192.15 and a 52-week low of Rs 144.40. The company has a ROCE of 25.4 per cent and an ROE of 36.7 per cent with a market capitalisation of Rs 214 crore.