Prime Focus is currently trading at Rs. 41.45, up by 0.85 points or 2.09% from its previous closing of Rs. 40.60 on the BSE.
The scrip opened at Rs. 41.90 and has touched a high and low of Rs. 42.10 and Rs. 41.05 respectively. So far 14727 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 59.40 on 13-Jan-2015 and a 52 week low of Rs. 25.40 on 13-May-2014.
Last one week high and low of the scrip stood at Rs. 42.10 and Rs. 39.00 respectively. The current market cap of the company is Rs. 956.39 crore.
The promoters holding in the company stood at 41.58% while Institutions and Non-Institutions held 4.20% and 54.22% respectively.
Prime Focus has completed the transaction to combine Reliance MediaWorks’ (RMW) global film and media services business with itself.
The transaction was first announced in July 2014 and received the Competition Commission of India’s (CCI) approval on 15 December 2014. As part of the transaction, the domestic and overseas operations of RMW’s film and media services business was combined with PFL through a slump sale.
Prime Focus is a global visual entertainment services group that provides creative and technical services to the film, broadcast, and advertising market. The group offers a genuine end-to-end solution from pre-production to final delivery including visual effects, 2D to 3D conversion, video and audio post production, equipment hire, multi-platform content operations solutions and digital distribution.
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