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Smallcap media stock soars 54% in 6 days; Ranbir Kapoor to acquire shares

1 year ago
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Smallcap media stock soars 54% in 6 days; Ranbir Kapoor to acquire shares
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Prime Focus Ltd., a smallcap media firm, saw its stock rise by 54% in just six days. The price touched ₹175.70—a fresh high. This jump followed the company’s green light on a ₹5,552 crore share issue.

The company will issue 462.6 million equity shares. Most of these will go into buying stakes in DNEG S.a.r.l., its step-down unit in Luxembourg. The rest will help raise extra funds. Among the big investors is Bollywood star Ranbir Kapoor. He will receive 1.25 million shares. Investment firms like Singularity Equity Fund and Novator Capital are also on board.

Meanwhile, Prime Focus signed a pact with the Maharashtra government. They plan to build a ₹3,000 crore film city in Mumbai. The project will span 200 acres and create 2,500 new jobs. Clearly, the company aims to become a content powerhouse.

India’s animation and VFX industry is growing fast—expected to rise 17.5% each year through 2026. Demand for adult animation is booming worldwide too.

So, from reel life to real returns, Prime Focus seems to be on a winning streak.

Tags: Prime Focus

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