In Wednesday’s trading session, the shares of one of the leading entertainment providers specialising in multimedia and digital content creation hits 5 percent upper circuit upon announcing a strategic investment in two prominent South Indian movie production houses Raj Televisions Ltd and Omkar Films.
Price action
With a market capitalization of 96.23 Crores on Wednesday, the shares of Thinkink Picturez Ltd (BO:TNKN) hits 5 percent upper circuit making a high of Rs 2.13 compared to its previous closing price of Rs 2.03.
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What happened
Thinkink Picturez Ltd hits 5% upper circuit following the announcement of a strategic investment in two prominent South Indian movie production houses Raj Televisions Ltd and Omkar Films. The company has invested ₹15.65 Crores in Raj Televisions Ltd and ₹13.95 Crores in Omkar Films.
By Partnering with Raj Televisions Ltd. and Omkar Films, Thinkink Picturez Ltd aims to tap into the expertise and creativity of these well-established production houses. This investment is expected to create new revenue opportunities, enhancing the company’s competitive position and positively impact its financial performance.
This collaboration will help the company create high-quality content that appeals to a wide range of audiences, enriching its content portfolio, dedicated to delivering long-term value to its shareholders by making strategic decisions which helps them to expand its presence in South India, a region that continues to gain recognition as a hub for cinematic excellence.
Thinkink Picturez plans to gradually expand its footprint in the vibrant market through Additional strategic investments in leading production houses, Collaborations for content development and distribution and Exploring innovative formats that cater to evolving audience preferences.
About the company
Thinkink Picturez Ltd is a dynamic and innovative company specializing in multimedia and digital content creation. Focused on delivering high-quality visual experiences, the company offers a wide range of services, including animation, graphic design, visual effects and video production by blending cutting-edge technology with creative storytelling.
The company has built a strong reputation for producing captivating and impactful content for clients across various industries, including entertainment, advertising and education.
Financials
The company’s revenue declined by 82 percent from Rs 6.53 crore in Q2FY24 to Rs 1.17 crore in Q2FY25. Meanwhile, Net profit fell by 86 percent from Rs 3.48 crores to Rs 0.46 crore during the same period.
Key Financial ratios
Thinkink Picturez Ltd has a Return on Equity (RoE) of 0.28 percent and a Return on Capital Employed (RoCE) of 0.45 percent. Furthermore, the company’s debt-to-equity ratio is 0.
Stock Performance
The stock returns declined by 77 percent over the last year, along with a 19 percent gain in the last week of 2024, it has continued to perform strongly.
Written by Sridhar
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