Many companies have given multibagger returns in the Indian stock market. One of them is Panorama Studios International, including Bollywood star Ajay Devgan’s investment.
On Friday, the shares of Panorama Studios International rose by 10% and reached the level of Rs 199.50. The company’s market cap is Rs 1,400 crore.
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Ajay Devgan’s share
- Ajay Devgan has 1 million shares.
- He has a 1.41% stake in the company.
- This stock has increased from Rs 10 to about 200 rupees.
- More than 2700% of returns have been given in 5 years.
- If someone had invested Rs 10,000 in 2020, today his value would have been Rs 2.7 lakh.
Penocte Share of Panorama Studios
- 1 week: 12.5% gains
- 1 year in 1 year: 34% gains
- In 2 years: 600% gained
- In 3 years: 1590% gained
- 5 years in 5 years: 2500% gains
December quarter results
- Pure Benefits: 37.35% to Rs 2.13 crore
- Revenue: 2.15% to Rs 34.65 crore
Will it be right to invest?
The share of Panorama Studios International has given excellent returns in long-term, but the recent quarter has seen a decline in profits. Ajay Devgan’s investment increases the popularity of this stock, but investors should invest in it only by evaluating research and risk.
