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Balaji Telefilms surges with arm entering into strategic partnership with Micromax

28 Mar 2017 Evaluate

Balaji Telefilms is currently trading at Rs. 92.00, up by 2.95 points or 3.31% from its previous closing of Rs. 89.05 on the BSE.

The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 94.00 and Rs. 91.00 respectively. So far 76466 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 122.70 on 07-Apr-2016 and a 52 week low of Rs. 73.85 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 94.00 and Rs. 88.00 respectively. The current market cap of the company is Rs. 699.32 crore.

The promoters holding in the company stood at 42.22%, while Institutions and Non-Institutions held 35.59% and 22.18% respectively.

Balaji Telefilms’ wholly owned subsidiary - ALTBalaji has entered into a strategic partnership with leading mobile brand Micromax, to help its users get access to exclusive ALTBalaji content. The partnership will enable users to have easy access to ALTBalaji mobile platform’s exclusive and original content on the go as the Micromax smartphones will come pre-loaded with the app.

ALTBalaji, the subscription based digital entertainment platform will be commercially available from mid-April onwards. The app will be launched with 6 new shows and will be followed with a new show every 15 days for its viewers to binge watch. The content is created by some of the best talents of Indian Entertainment industry including critically acclaimed directors and actors.

Balaji Telefilms is India’s leading integrated media conglomerate with market leadership in the motion picture and television content industries, among other entertainment-led businesses.

Balaji Telefilms Share Price

123.00 -2.26 (-1.80%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 1074.05
Saregama India 360.15
Shemaroo Entertain. 103.00
Balaji Telefilms 123.00
UFO Moviez 74.33
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