Penny Stock Under Rs 50 Hit Upper Circuit After Announcing Upcoming Event - Seoul My Soul in India, a Korean Culture in India
The stock is up by 45.3 per cent from its 52-week low of Rs 33.30 per share.
On Wednesday, shares of Thinking Hats Entertainment Solutions Ltd (THESL) hit a 10 per cent upper circuit to Rs 48.40 per share from its previous closing of Rs 44 per share. The stock’s 52-week high is Rs 61 per share and its 52-week low is Rs 33.30 per share.
Thinking Hats Entertainment Solutions Limited (NSE Emerge: THESL) announced the upcoming event SEOUL MY SOUL in INDIA, celebrating the vibrant trends of Korean culture in India. Set to take place at Pragati Maidan, New Delhi, this event has received an overwhelming response, with all tickets sold out on the BookMyShow platform.
SEOUL MY SOUL in INDIA promises to bring the dynamic energy of Seoul’s culture, fashion, music and art to life. The event will feature a series of exciting activities showcasing the best of Korean trends and entertainment. Attendees will experience electrifying live performances by the K-Pop sensation ONEUS, alongside immersive cultural displays and hands-on experiences. The company stated that it is a unique opportunity to explore the heart and soul of Seoul, right here in India.
Recent Updates: Thinking Hats Entertainment Solutions Limited (THESL) recently organized a Korean Food Pop-up Store in New Delhi, showcasing Korean culture through food, fashion, and entertainment. The company also successfully hosted a musical evening with renowned lyricist Javed Akhtar, featuring live performances by Meiyang Chang and Jahanvi Shrimankar.
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About Thinking Hats Entertainment Solutions Limited
Thinking Hats Entertainment Solutions (THESL) is India's leading entertainment and experiential marketing company with a strong focus on content development, intellectual property curation and tech-centric product development. The company encompasses diverse spaces such as film production, event curation & management, content creation for streaming platforms, retail visual merchandising and more. Its content is showcased to various clients who range from leading corporate entities such as the Tata Group including Westside and Zudio, Goldman Sachs, McDonald's and Uber to media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi and Fever Entertainment, to name a few of several.
The company has a market cap of Rs 58 crore with promoters holding a 56.79 per cent stake, FIIs owning a 0.89 per cent stake, DIIs owning a 0.86 per cent stake and the public owning the rest 41.46 per cent stake as of September 2024. The shares of the company have an ROE of 37 per cent and an ROCE of 37 per cent. The stock is up by 45.3 per cent from its 52-week low of Rs 33.30 per share.
Disclaimer: The article is for informational purposes only and not investment advice.