Penny stock under Rs 50 in focus company bagged an order from a Korean Company - Cotin Planning Co Ltd

Penny stock under Rs 50 in focus company bagged an order from a Korean Company - Cotin Planning Co Ltd

Kiran Shroff
/ Categories: Trending, Penny Stocks

The shares of the company have an ROE of 37 per cent and an ROCE of 37 per cent.

On Thursday, shares of Thinking Hats Entertainment Solutions Ltd (THESL) plunged 2.03 per cent to Rs 41 per share from its previous closing of Rs 41.85 per share. The stock’s 52-week high is Rs 61 and its 52-week low is Rs 40.

Thinking Hats Entertainment Solutions Limited (NSE Emerge: THESL) have bagged an order from Cotin Planning Co Ltd, a Korean Company, to organize an event named Korean Food Pop-up store at DLF Avenue Saket in New Delhi, Outdoor Square, from October 25, 2024 till November 17, 2024. It is a joint concept curated by the Ministry of Agriculture, Food and Rural Affairs in association with Korea Agro-Fisheries & Food Trade Corporation. This event will showcase Korean Culture which will cover enjoying tasty K-food, buying trendy K-clothes to enjoying Trendy K-goods. Apart from this, daily programs like quiz shows, K-Pop dance events, Korean Food Culture OX Quiz and many other events is going to be witnessed as per the scheduled day and time.

Earlier, the company organised "Main Koi Aisa Geet Gaoon," a musical evening by Javed Akhtar. The event will go live on November 16, 2024, at the Bharat Mandapam - Open Air Amphitheatre, Delhi. Renowned lyricist and poet Javed Akhtar will host the evening, sharing stories behind famous songs and songs that have inspired unforgettable stories. He will delve into his vast experience to share interesting facts about his collaborations with iconic composers, musicians, singers, directors, and actors. The evening will also feature live performances by Meiyang Chang and Jahanvi Shrimankar. The company believes that this event will be a wonderful opportunity for music lovers to explore the rich history of Bollywood music.

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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 over Rs 50 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.

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

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