Multibagger stock engaged in the business of operating films, visual effects(VFX) and animation jumped 5 percent in the day’s trade following a second collaboration with KJR Studios to carry on VFX of the movie “Ayalaan 2”
At 11:20 a.m the shares of Phantom Digital Effects Limited were trading at Rs. 490.85, up 0.49 percent from its previous day’s close price of Rs. 488.45 and its market capitalization is Rs. 663 Crores. It has delivered multibagger returns of 116 percent in a year.
Phantom Digital Effects Limited has signed an official agreement and has joined forces with KJR Studios a Tamil production house to carry on the VFX and CGI works of the highly anticipated sequel of the movie ”Ayalann 2”. Ayalaan 2 has an initial budget of Rs. 50 Crores dedicated exclusively to the VFX and CGI works.
Phantom Digital Effects Limited is a Certified Trusted Partner Network (TPN) company engaged in the business of operating films, visual effects(VFX), animation movies, and many more.
Its revenue from operations grew by 159.24 percent from Rs. 22.33 Crores in FY22 to Rs. 57.89 Crores in FY23, accompanied by profits of Rs. 4.9 Crores to Rs. 16.2 Crores.
It has reported a return on equity(ROE) of 65.4 percent and a return on capital employed (ROCE) of 75.1 percent, it is making good returns on its equity and capital employed.
Written by: Bharath K.S
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