1:10 Stock Split, Rights Issue: Multibagger Penny Stock Unveils New Film, Shares React

Small cap company, Teamo Productions HQ Ltd shares hit second consecutive lower circuit in trade today. Teamo Productions HQ shares offered shareholders return of 37% in last 3-months and gained 181% in last 2-years. The company on February 21, 2024 issued via its BSE filing, "Teamo Productions HQ Limited (TPHQ), under the leadership of producer Mr. Mohaan Nadaar, Managing Director of TPHQ proudly unveils the heart-warming tale of "Bina Shakkar Ki Chai," a film that encapsulates the essence of dreams, relationships, and the sweet symphony of life."

Mr. Mohaan Nadaar, Managing Director of TPHQ expressed, 'We take immense pride in Sai Deodhar, the director of the film, who stands as an epitome of independent women. They don't wait for someone else to make their dreams come true; instead, they roll up their sleeves and make it happen themselves. This sentiment also deeply resonates with our main character, Patty, portrayed by the legendary actress Revathi. Furthermore, we are delighted to introduce Seema Sajdeh in her debut role as an actress in this film. We eagerly anticipate witnessing the magic unfold on the screen in this beautiful slice-of-life story.'"

Speaking about the project, Ketki Pandit, Co-Founder and Producer at TPHQ, stated, "Bina Speaking about the project, Ketki Pandit, Co-Founder and Producer at TPHQ, stated, "Bina Shakkar Ki Chai is not just a film; it's a testament to our commitment to fostering women talent in the industry. Through this humorous journey, we aim to touch hearts and inspire audiences."

Teamo Productions Shares Performance & Return: The 52-week high price of Teamo Productions shares on BSE is Rs 3.83 apiece and 52-week low price is Rs 0.53 apiece, respectively. Teamo Productions shares rallied 25% in last 6-months, gained 351% in last 2-years, and offered return of 831% in last 3-years.

Teamo Productions HQ Stock Split In 2023: Teamo Productions HQ split the face value 1 time since December 14, 2023. It had last split the face value of its shares from Rs 10 to Re 1 in 2023. Teamo Productions shares traded ex-split on December 14, 2023. It declared stock split in 2023 during the month of October.

Teamo Productions HQ Rights Issue In 2023: The last rights shares that Teamo Productions HQ issued was in 2022 in the ratio of 11:8 at a premium of Rs 0.00 per share. The share has been quoting ex-rights from April 18, 2023.

Teamo Productions HQ Financials: The company for the quarter ended December 2023 declared its net profit at Rs 0.19 crore, down 85.39% as against Rs 1.33 crore in the corresponding quarter of last year. The net sales of the company for December 2023 quarter announced at Rs 129.70 crore, down 70.44% as against Rs 438.76 crore in December 2022. EBITDA stood at Rs 0.26 crore in December 2023, down 80.45% as compared to Rs 1.33 crore similar quarter of last fiscal. The company's EPS declined to Rs. 0.00 in December 2023 from Rs. 0.37 in December.

About: Teamo Productions HQ Limited (formerly known as GI Engineering Solutions Limited) is now in the business of film production, distribution and allied businesses, in addition to its other conventional businesses. The Company's business activities includes developing, producing, distribution, marketing and financing of all kinds commercial feature films, content Production, animation, graphics, CGI movies, AI powered features films, making of OTT films, cine films, talkie films, telefilms, advertising films, documentaries, animation, TV Serials, music production, music composition, recording studio, advertisers and other allied & related activities in India and abroad.

Disclaimer:

The stock highlights the new film 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.