Entertainment Stock Hits 52-Week High; Release Date Of Upcoming Movie Revealed

Small cap media company Balaji Telefilms Ltd shares hit fresh 52-week high in trade today to settle at Rs 138.01 apiece on BSE. Balaji Telefilms shares witnessed share rally of 84% year-to-date (YTD). The company has a market capitalisation of Rs 1395.70 crore. Check details below:

Balaji Telefilms Discloses Release Date Of Love, Sex aur Dhokha 2: As per the February 14 BSE filing, "Balaji Motion Pictures', a division of Balaji Telefilms' highly anticipated Love, Sex aur Dhokha 2 has been in the headlines ever since its announcement. Amid the hyped fervor for the film among the audience, the excitement raised a notch higher when the makers officially announced the commencement of the shoot. Now, to elevate the exhilaration, the makers have dropped an immensely intriguing motion poster revealing the new release date, 19th April 2024."

The makers of Love, Sex aur Dhokha 2 gave a glimpse of its quirky world in the new motion poster. Bold, thrilling, and captivating, the motion poster features a heart with pulsating social media apps icons that exude the theme of the film being based on love and sex in the time of the digital era, added the regulatory filing.

Balaji Telefilms Shares Performance & Return: The 52-week high price of Balaji Telefilms shares on BSE is Rs 143.63 apiece and 52-week low price is Rs 35.30 apiece, respectively. Balaji Telefilms shares gained 105% in last 3-months, rose 100% in 6-months, offered return of 220% in 1-year, and rallied 80% in last 2-years. Balaji Telefilms stock hit several back-to-back 52-week high earlier this month and this is the reason why shares gave return of 59% in last 1-month only.

Balaji Telefilms About: Balaji Telefilms Ltd. is one of the largest content production houses across India, South Asia, South East Asia and the Middle East delivering Hindi and regional content. Promoted by Mr. Jeetendra Kapoor, Mrs. Shobha Kapoor, Ms. Ekta Kapoor and Mr. Tusshar Kapoor. Its dominance in TV soaps dates back to the early 1990s. Under the astute leadership vision of our promoter Ekta Kapoor, a handful of serials based on social themes gave way to high voltage family dramas. Indian TV was never to be the same again, according to its official website.

Disclaimer:

The stock highlights the shares rally and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.