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Multibagger penny stock under Rs 10 hit upper circuit as its sports web series gets selected for Kenya International Sports Film Festival!
Kiran Shroff
/ Categories: Trending, Penny Stocks

Multibagger penny stock under Rs 10 hit upper circuit as its sports web series gets selected for Kenya International Sports Film Festival!

The stock gave multibagger returns of over 100 per cent in just 2 years.

Toyam Sports Limited announced that its sports web series, ‘Kumite 1 Warrior Hunt’ has been chosen as an official entry for the esteemed ‘Kenya International Sports Film Festival (KISFF)’, the premier African film festival. The web series is slated for screening, followed by an engaging panel discussion with the director and producers, on October 29, 2023, in Nairobi, Kenya. In 2023, the KISFF received a total of 1,400 submissions from 110 countries.

Kumite 1 Warrior Hunt is India's first sports web series about mixed martial arts (MMA). Its primary objective is to popularize MMA among Indian athletes and to provide a platform for them to showcase their skills and earn the opportunity to represent India on the global stage.

The series is not just entertainment; it also educates viewers about the intricacies and thrill of MMA. Through Kumite 1 Warrior Hunt, Toyam Sports aspires to grant MMA the acknowledgement it rightfully deserves within India's diverse sporting landscape.

This recognition holds great significance, especially at a time when the youth of India are increasingly focused on fitness and well-being. MMA is a physically and mentally demanding sport that can help people improve their overall health and well-being.

The web series "Kumite 1 Warrior Hunt," hosted by Bollywood actor Suniel Shetty and Indian sports promoter Mohamedali Budhwani, was released in February 2023. This pioneering series achieved great success and received acclaim from the Indian Mixed Martial Arts community, as well as notable figures from sports and Bollywood, including cricketers Irfan Pathan, Sehwag, Yuvraj Singh, wrestler Khali, Mahavir Singh Phogat, comedian Kapil Sharma, Ahan Shetty, and others.

Toyam Industries Ltd was incorporated in 1985. The company operates in the commodity business, finance business, restaurant business & event business. The registered office of the company is in Mumbai.

Today, shares of TSS hit a 5 per cent upper circuit to Rs 6.61 per share from its previous closing of Rs 6.30 per share. The company has a market cap of Rs 372 crore. The company has very little debt, with only Rs 0.79 crore in current debt.

The stock gave multibagger returns of over 100 per cent in just 2 years. Investors should keep an eye on this micro-cap stock.

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

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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