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Penny stock under Rs 5: This micro-cap company’s wins best sports web series award at Kenya International Sports Film Festival 2023!
Kiran Shroff
/ Categories: Trending, Penny Stocks

Penny stock under Rs 5: This micro-cap company’s wins best sports web series award at Kenya International Sports Film Festival 2023!

The 52-week high of the stock is Rs 20.33 and the 52-week low of Rs 4.86.

Toyam Sports Ltd announce that its sports web series, "Kumite 1 Warrior Hunt," has won the "Best Sports Web Series" award at the 6th Kenya International Film Festival (KISFF). The KISFF is a prestigious film festival that takes place in Nairobi, Kenya. "Kumite 1 Warrior Hunt" was selected from a large number of amazing sports feature films, television series, and web series from around the world.

On the occasion, the Management added “We are proud to receive this award and we are committed to continuing to produce outstanding content for sports enthusiasts and viewers worldwide. With "Kumite 1 Warrior Hunt," our goal is to make MMA a more popular sport in India. We are excited to share this journey with you all.”

Kumite 1 Warrior Hunt is India's first sports web series that immerses viewers in the world of mixed martial arts (MMA). The company’s goal is to make MMA a household name in India. This award is especially significant at a time when fitness and well-being are important to the Indian youth.

Kumite 1 Warrior Hunt is not just for entertainment; it also serves as an educational tool that teaches viewers about MMA. It also provides a platform for Indian MMA fighters to showcase their skills and compete on the global stage.

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.

After rising nearly 100 per cent over the period of 2 years, shares of Toyam Sports Ltd are undergoing a correction and have hit the lower circuit for the sixth straight day. Today, shares of Toyam Sports Ltd plunged 5 per cent to Rs 4.86 per share from its previous closing of Rs 5.11. The 52-week high of the stock is Rs 20.33 and the 52-week low of Rs 4.86. The company has a market cap of Rs 275 crore. The company has very little debt, with only Rs 0.79 crore in current debt.

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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