Debt-Free Penny Stock Under Rs 5: This Micro-Cap Company Returns for World Tennis League Season 3 as the Owners of Team Hawks

Kiran Shroff
/ Categories: Trending, Penny Stocks
Debt-Free Penny Stock Under Rs 5: This Micro-Cap Company Returns for World Tennis League Season 3 as the Owners of Team Hawks

The company has a market cap of over Rs 140 crore and as of September 2024, it is debt-free.

A Powerful Return: Toyam Sports Limited (TSL) is set to make a powerful return to the World Tennis League (WTL) for its third season. As the proud owners of the ‘Toyam Hawks’, TSL is committed to bringing exciting tennis action to fans worldwide. The upcoming WTL, scheduled from December 19-22, 2024, at the iconic Etihad Arena in Abu Dhabi, promises to be a thrilling spectacle. TSL, a renowned name in the sports industry, has a proven track record of organizing and managing high-profile sporting events.

A Stellar Lineup: The ‘Toyam Hawks’ will boast an impressive roster of international tennis stars, including the reigning WTA singles champion Aryna Sabalenka, the talented young sensation Mirra Andreeva, the experienced Jordan Thompson, and India’s top tennis player Sumit Nagal. This formidable lineup is poised to challenge the other teams and make a strong bid for the WTL title.

A Global Sports Powerhouse: TSL’s involvement in the WTL is part of its broader vision to elevate the global sports landscape. With a diverse portfolio of sports ventures, including cricket, combat sports, and tennis, TSL has consistently delivered innovative and engaging experiences for fans. From organizing high-profile cricket tournaments to launching groundbreaking combat sports initiatives, TSL has solidified its position as a leading sports company.

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About Toyam Sports Ltd (TSL)

Toyam Sports Limited (TSL) is a pioneering sports company listed on the BSE & MSEI. Committed to the development and promotion of sports, TSL has a diverse portfolio that includes cricket, tennis and Mixed Martial Arts (MMA). TSL continues to push the boundaries of sports entertainment and management globally.

The company’s only 0.15 per cent stake is owned by FIIs and the remaining 99.85 per cent stake is owned by the public as of September 2024. The company has a market cap of over Rs 140 crore and as of September 2024, it is debt-free. Investors should keep an eye on this micro-cap stock.

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

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