Small Cap Stocks: Putting money in the stock market is always playing risky. But if you bet with understanding, then your luck can also shine. Today we are talking about Prime Focus Limited, a smallcap company associated with the media and entertainment industry. This stock has seen a tremendous increase of 10 percent consecutive percent in two business days.

Bollywood actors from Ranbir Kapoor to well-known investors Ramesh Damani, Madhu Banana and Utpal Seth have placed bets on this company.

Ranbir’s bets on prime focus

It is reported that Ranbir Kapoor has invested Rs 15 to 20 crore in prime focus through preferred issue. Prime Focus approved the issue of more than 46 crore shares. Promoters hold 67.61 percent stake in the company while public share holding is 32.39 percent. Ranbir Kapoor was about to buy about twelve and a half million shares and was involved in the proposed allies.

When did the prime focus start?

This company started in the year 1971 and is a global leader in post production to visual effects. According to the data of stock exchange, Utpal Seth has bought nearly and a half million shares of prime focus. At the same time, well-known investor Ramesh Damani has also expressed confidence in the company by purchasing 8 lakh shares.

Apart from this, PTI Ltd. Has bought 54.4 lakh shares. Fund Siguraity Large Value Fund, owned by Madhusudan Banana, has bought 62.5 lakh stocks in the block deal. While the Appi Securities and Samyak Enterprises have purchased more than 7 lakh shares in the block deal.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Prime focus shares: Prime Focus shares are riding a rocket today. The company’s shares have an upper circuit today. Prime’s focus shares jumped 10 percent on September 5 to reach an upper circuit of Rs 158.37 per share. According to the CNBC-TV18 report, it has happened after transfer of more than 1.5 percent stake in the company in a large block deal.

Transaction of so many lakhs in block deal

This block deal is believed to be the reason for this boom in the company’s shares, under which 47.5 lakh shares of Prime Focus were transacted. However, it has not been revealed yet who has sold shares in this block deal and who has bought it.

Ranbir has so many lakhs of company shares

After the launch of the teaser of the film ‘Ramayana’ in July this year, the Prime Focus shares caught the attention of the investors. It was claimed in several media reports that Ranbir Kapoor has invested Rs 15-20 crore in Prime Focus Studio. The company had earlier approved the preferred issue of more than 46 crore shares, after which many more investors like actor Ranbir Kapoor invested in it. Ranbir bought 12.5 lakh shares of the company for Rs 15-20 crore.

Started with a garage

In 1997, Namit Malhotra started a company price focus associated with media and entertainment sector in a Garaj in Mumbai. The company provides services related to digital media, animation, VFX and post production. According to data from the company’s shareholding pattern available on NSE, till June 30 this year Namit Malhotra had 1.49 crore shares, which is equal to 4.81 percent stake in the company.

In 2014, the company acquired the International Visual Effects Company Double Negative / Dneg. After this, it won the Academy Awards for its work in Tetnet, Dune: Part One and Dune: Part Two, which made its Oscar awards to eight.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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