Multibagger penny stock under Rs 2 in focus as the company expands its global presence with formation of new entities in Australia and United Kingdom
The stock is up by 58 per cent from its 52-week low of Rs 0.98 per share and gave multibagger returns of 500 per cent in 3 years.
Teamo Productions HQ Limited (TPHQ) announced the expansion of its global operations with the formation of new entities, Teamo Productions HQ (Australia) PTY Limited, and Teamo Productions HQ (UK) Limited. As part of its ongoing growth strategy, TPHQ's new entities in Australia and the UK will serve as pivotal roles for the company's upcoming projects. The wider geographical presence supplements the company's vision to enhance its international presence and enhancing its position in key international markets. These overseas entities are set to bolster the company’s abilities while fostering creative collaborations with diverse talents and international industry professionals.
Australia: With its vibrant film industry and rich cultural heritage, Australia offers a unique platform for Teamo Productions to explore new narratives and production techniques. The new entity in Australia will focus on local talent acquisition, state-of-the-art production facilities, and collaborative projects with renowned Australian filmmakers.
United Kingdom: The UK, known for its prestigious film history and thriving media landscape, provides an excellent environment for TPHQ to engage in high-quality film productions. The UK entity will facilitate partnerships with prominent UK-based production houses, access to top-tier talent, and participation in the prestigious film festivals and markets the country hosts.
Teamo Productions HQ Limited is establishing overseas entities in Australia and the UK to drive global growth, collaborate with international filmmakers, create innovative content and enhance its value. By expanding its reach and tapping into diverse talent pools, the company aims to deliver exceptional cinematic experiences and advance the art of storytelling globally.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
About the Company
Teamo Productions HQ Limited, formerly known as GI Engineering Solutions Limited, has expanded its operations to include film production, distribution, and related activities, in addition to its existing businesses. The company is now involved in various film and media projects, including feature films, content production, animation, CGI, OTT platforms, television, advertising, documentaries, music and other related services, both domestically and internationally.
Today, shares of Teamo Productions HQ Ltd gained 1.97 per cent to Rs 1.55 per share from its previous closing of Rs 1.52. The stock’s 52-week high is Rs 1.87 and its 52-week low is Rs 0.98. The company has a market cap of Rs 132.63 crore and working capital requirements have been reduced from 4,804 days to 30.6 days. The stock is up by 58 per cent from its 52-week low of Rs 0.98 per share and gave multibagger returns of 500 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.
Also Read: Penny Stocks from the 2007-2008 Stock Market Crisis; Set to Announce Bonus Shares: Would you benefit?
Related articles
-
Multibagger from its 52-week low: This micro-cap company bags new order worth Rs 1,30,40,000 from Master Moulds Pvt Ltd
-
1:4 bonus shares announced: Multibagger solar power stock with 21,813 per cent returns, hit back-to-back upper circuits & 52-week highs!
-
Multibagger solar pump manufacturing stock with 1,400 per cent returns; Board announces 2:1 stock split after 1:1 bonus share!
-
1:3 bonus share announced for 3rd consecutive year & FIIs bought 1,31,455 shares: Multibagger penny stock under Rs 30 with 1,100 per cent returns; Scrip trades at high ROE & high ROCE
-
FIIs bought 1,24,80,000 shares: Multibagger steel tube manufacturing stock jumps 6.4 per cent; PAT jumps 125 per cent in Q1 FY25