250 per cent returns and Ektaa Kapoor & FIIs increase stake: Multibagger film making stock in green as it reveals the release date of Love, Sex aur Dhokha 2 – details inside
The stock gave multibagger returns of over 250 per cent from its 52-week low of Rs 35.30 per share.
Balaji Motion Pictures, a division of Balaji Telefilms Ltd’s highly anticipated Love, Sex aur Dhokha 2 has been in the headlines ever since its announcement. Amid the hyped fervour for the film among the audience, the excitement raised a notch higher when the makers officially announced the commencement of the shoot. Now, to elevate the exhilaration, the makers have dropped an immensely intriguing motion poster revealing the new release date, April 19, 2024.
The makers of Love, Sex aur Dhokha 2 gave a glimpse of its quirky world in the new motion poster. Bold, thrilling, and captivating, the motion poster features a heart with pulsating social media app icons that exude the theme of the film being based on love and sex in the time of the digital era!
The makers of Love, Sex aur Dhokha 2 gave a glimpse of its quirky world in the new motion poster. Bold, thrilling, and captivating, the motion poster features a heart with pulsating social media apps icons that exude the theme of the film being based on love and sex in the time of the digital era!
Love, Sex aur Dhokha 2 explores the complexities of relationships and unveils the hidden facets of modern love in the era of the Internet. Through a gripping narrative and compelling performances, the film promises to delve deeper into the themes of love, betrayal, and the consequences of our technologically driven world. Balaji Motion Pictures, a division of Balaji Telefilms and Cult Movies Present a Dibakar Banerjee Production, Love Sex aur Dhokha 2, Produced by Ektaa R Kapoor and Shobha Kapoor. The film is Directed by Dibakar Banerjee.
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Today, shares of Balaji Telefilms Ltd gained 2.25 per cent to Rs 123.37 per share from its previous closing of Rs 120.66 with an intraday high of Rs 126.77 and an intraday low of Rs 115.45. The stock’s 52-week high is Rs 132.29 and its 52-week low is Rs 32.30.
Earlier, the Board approved allotment maximum of up to 2,38,83,930 warrants, each convertible into or exchangeable for 1 fully paid-up equity share of the Company of the face value of Rs 2 each warrant to the “Proposed Allottees” by way of the preferential issue for Rs 89.60 per warrant, for an aggregate amount of up to Rs 2,14,00,00,128.
In the allotment, the promoter of the company Ms Ekta Ravi Kapoor bought 50,00,000 shares and FIIs (Aries Opportunities Fund Limited, Tano Investment Opportunities Fund, Elara India Opportunities Fund, Coeus Global Opportunities Fund, Atyant Capital India Fund I and Vanderbilt University- Atyant Capital Management Limited) aggregrating bought 1,88,83,930 shares via preferential issue.
Balaji Telefilms Ltd is in the business of production of films, event business, B2C and B2B digital content business and operates a subscription-based video on demand (SVOD) over-the-top (OTT) platform, distribution of films. It has established itself in the business of television content in India particularly for Hindi language content.
The company has a market cap of Rs 1,250 crore. The stock gave multibagger returns of over 250 per cent from its 52-week low of Rs 35.30 per share. Investors should keep an eye on this film-making stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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