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Multibagger penny stock under Rs 2: This micro-cap company ventures into the Heart of Cinema with new movie Amreen – know more here!
Kiran Shroff
/ Categories: Trending, Multibaggers

Multibagger penny stock under Rs 2: This micro-cap company ventures into the Heart of Cinema with new movie Amreen – know more here!

The stock gave multibagger returns of 140 per cent in just 1 year, 250 per cent in 2 years and a whopping 560 per cent in 3 years.

Teamo Productions HQ Limited, helmed by the socially conscious filmmaker Mohaan Nadaar, unveiled its latest project, "Amreen," directed by the multi-faceted Tannishtha Chatterjee. This women-centric film, starring Kirti Kulhari alongside Sharib Hashmi, Indraneel Sengupta and Monica Dogra, promises to captivate audiences with its powerful narrative while upholding Teamo's commitment to empowering female talent in Indian cinema.

Mr Mohaan Nadaar, Managing Director, TPHQ, said: "We are extremely excited to work with a supreme bunch of talented individuals in Ms Tannishtha Chatterjee, the director and actress par excellence, and the lead cast of Ms Kirti Kulhari, Mr Sharib Hashmi, Mr Indraneel Sengupta, Ms Monica Dogra, among others. The heartwarming story of a woman fighting against various odds to realize her self-worth is beautifully written and woven. This aligns with our company policy of promoting women's talent and bringing meaningful and socially relevant cinemas."

Despite the challenges of independent filmmaking, "Amreen" tells a heartwarming story of culinary boundaries, acceptance, and cultural exchange. Chef Amreen, facing rejection for wearing a hijab, finds a new challenge cooking for a vegan employer. Through food, diverse values clash and blossom into unexpected bonds, proving the power of food to unite. Director Tannishtha Chatterjee commends the film's supporter, Sharib Hashmi for finding excitement in a new character. Kirti Kulhari, portraying Amreen, expresses her admiration for the story and her collaboration with Chatterjee. "Amreen" promises a simple yet deeply moving cinematic experience exploring acceptance and resilience, filming from February 9, 2024, in Mumbai.

Teamo Productions HQ Limited, formerly an engineering firm, has transformed into a multifaceted media powerhouse, now encompassing film production, distribution, and a vast array of creative endeavours. From feature films and documentaries to animation, music, and advertising, they weave their magic across various formats, captivating audiences in India and beyond. Their diverse portfolio, from OTT releases to cine films and TV serials, promises a kaleidoscope of entertainment, all while remaining proudly listed on both BSE and NSE stock exchanges.

Earlier on December 14, 2023, Teamo Productions HQ Limited (formerly known as GI Engineering Solutions Limited) completed a major restructuring of its shareholding. Each existing equity share and preference share, with a face value of Rs 10, was subdivided into 10 new shares with a face value of Re 1 each. This stock split, determined by the company's eligibility criteria for shareholders, marked a significant step in the company's evolution.

On Thursday, shares of Teamo Productions HQ Ltd gained 0.85 per cent to Rs 1.18 per share from its previous closing of Rs 1.17. The stock’s 52-week high is Rs 3.83 and its 52-week low is Rs 0.50. The company has a market cap of over Rs 100 crore. The stock gave multibagger returns of 140 per cent in just 1 year, 250 per cent in 2 years and a whopping 560 per cent in 3 years.

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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