Under Rs 15: Penny Stock Likely to Be in Focus Tomorrow; FIIs Increase Stake by 2.4 Times - Keep It on Your Radar!

Rakesh Deshmukh
Under Rs 15: Penny Stock Likely to Be in Focus Tomorrow; FIIs Increase Stake by 2.4 Times - Keep It on Your Radar!

10:1 Stock Split: Profitable Penny Stock with Strong ROCE and ROE to keep on radar.

Incorporated in 2013, Bodhi Tree Multimedia Ltd specializes in producing entertainment content for television, film, and digital platforms. Known for its diverse lineup of shows, BTL creates unique and engaging content across various media formats. Today the company saw a significant spike in both the share price and volumes in today.

At the start of the day's trading session, the share of Bodhi Tree Multimedia Ltd opened at Rs 13.60 per share, compared to the previous day's closing figure of Rs 13.85 per share on the BSE. Finally, the shares closed at Rs 14.54 per share on the BSE. The stock has reached the upper circuit price limit of 5 per cent, reflecting strong demand in the market with no sellers willing to offer shares, resulting in potential buyers being unable to make purchases, leading to disappointment among buyers. The current market capitalization of the company stands at Rs 181.69 crore.

Financial Performance

As per the Quarterly Results, in the fourth quarter of FY24, Bodhi Tree Multimedia Ltd recorded a revenue of Rs 21.86 crore. The operating profit for Q4 FY24 stood at Rs 1.37 crore. The net profit for Q4 FY24 was Rs 1.06 crore. Looking at the annual performance, the company generated a revenue of Rs 64 crore in FY24, compared to Rs 42.61 crore in FY23. The operating profit for FY24 was Rs 5.78 crore, with a net profit of Rs 3.54 crore.

Regarding the shareholding pattern, the promoters own 35.30 per cent of the company and the public or retail investors hold 63.63 per cent. FIIs have increased their stake from 0.44 per cent to 1.07 per cent.

Investors must keep this micro-cap stock on their radar.

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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