Stock market immediately: Balaji Telefilms shares witnessed sharp upside motion on Thursday regardless of weak stock market sentiments. Balaji Telefilms share value immediately opened upside at ₹120 apiece on NSE and went on to the touch an intraday excessive of ₹129.45 per share, which turned out its new 52-week excessive throughout Thursday offers. While climbing to this new 52-week excessive, the leisure inventory logged an intraday rise of round 17 p.c towards its Wednesday shut of ₹110.50 per share.

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Incidentally, the leisure inventory witnesses shopping for curiosity forward of its board of administrators assembly scheduled on ninth February 2024. The leisure firm has knowledgeable Indian stock market exchanges concerning the board assembly, which goals to contemplate and approve fundraising.

In one in all its alternate filings, Balaji Telefilms mentioned, “In furtherance of our letter dated February 02, 2024 with respect to intimation of the date of the Board Meeting and pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Balaji Telefilms Limited (“the Company™), at their meeting scheduled to be held on Friday, February 09, 2024, shall in addition to the earlier intimated agenda item i.e. to consider and approve the Unaudited Financial Results of the Company for the quarter and period ended December 31,2023, along with the Limited Review Report of the Auditors thereon, inter-alia consider and finalize proposal for raising of funds, by way of issue of specified securities in one or more tranches through Preferential Issue, Private Placement, Rights Issue or such other permissible method as may be decided by the Board, or any combination thereof, and to approve ancillary actions for the above-mentioned fund raising, subject to such statutory/regulatory approvals as may be necessary, including the approval of the Shareholders of the Company.”

Balaji Telefilms share value historical past

In the final one 12 months, Balaji Telefilms shares have delivered stellar returns to its shareholders. At this time, the leisure inventory has risen from ₹40.30 to ₹129.45 apiece, logging to the tune of 225 p.c on this time. So, it is likely one of the multibagger stocks that Dalal Street has produced within the final one 12 months. In the final six months, Balaji Telefilms share value has given 150 p.c return whereas, within the final one month, it has delivered over 40 p.c return to its positional shareholders.

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