Thinkink Picturez is currently trading at its upper limit of Rs. 2.03, up by 0.09 points or 4.64% from its previous closing of Rs. 1.94 on the BSE.
The scrip opened at Rs. 2.03 and has touched a high and low of Rs. 2.03 and Rs. 2.02 respectively. So far 65601604 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 11.75 on 26-Feb-2024 and a 52 week low of Rs. 1.70 on 05-Dec-2024.
Last one week high and low of the scrip stood at Rs. 2.03 and Rs. 1.70 respectively. The current market cap of the company is Rs. 96.23 crore.
The Institutions and Non-Institutions held 2.55% and 97.45%, stake in the company respectively.
Thinkink Picturez is all set to launch its exclusive OTT platform, ThinkStream, marking a significant milestone in the company’s journey as a leading player in the entertainment industry. ThinkStream will feature premium-quality web series exclusively produced and streamed by the company. These in-house productions will prioritize engaging storytelling and high production standards, aiming to captivate audiences and establish the platform as a leader in digital content.
To cater to the growing global demand for Korean entertainment, ThinkStream will exclusively stream selected Korean drama series and movies, enhancing its appeal to a diverse and expanding audience base. The platform will also host exclusive short films produced and financed by the company, providing a space for innovative narratives and creative storytelling.
The development, deployment, and marketing of ThinkStream will be backed by an investment of Rs 20 crore - Rs 25 crore, allocated in four tranches. This strategic investment ensures the platform's growth and operational excellence.
Thinkink Picturez is operating across television, movies and other entertainment platforms. The company offers services such as concept development, casting, set designing, script writing, location scouting, photography, editing, sound effects and mixing services.
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