Get In Touch


NIFTY 10380.45 img -6.15

SENSEX 34431.97 img -10.08

GOLD 30918.00

SILVER 36859.00

1 USD / INR 71.65

Attention Investors! "Prevent Unauthorised Transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of Investors."           Attention Investors! "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day. Issued in the interest of investors."           "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."           "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."           "As per SEBI guidelines, old DIS cannot be accepted for execution of instruction with effect from 07-01-2016. Kindly submit requisition slip / letter for issuance of new DIS booklet at our corporate office address to avoid rejection of your instruction(s) on or after 07-01-2016.”            "In accordance with the Union Budget 2017-18 announcement, SEBI has advised to link Aadhar with individual demat accounts. Kindly submit details of Aadhar number along with copy of Aadhar Card.”          

Market News

  • 07


    Prime Focus in action as board approves issue of share warrants

    The announcement was made during market hours today, 7 December 2017.

    Meanwhile, the S&P BSE Sensex was up 272.56 points, or 0.84% to 32,869.74. The S&P BSE Mid-Cap index was up 194.03 points, or 1.16% to 16,856.91.

    On the BSE, 23,563 shares were traded in the counter so far, compared with average daily volumes of 24,266 shares in the past one quarter. The stock had hit a high of Rs 104 and a low of Rs 98.25 so far during the day. The stock had hit a 52-week high of Rs 124.35 on 16 May 2017. The stock had hit a 52-week low of Rs 63.45 on 22 December 2016.

    The stock had outperformed the market over the past one month till 6 December 2017, falling 0.45% compared with 3.36% drop in the Sensex. The scrip had, however, underperformed the market in past one quarter, dropping 1.66% as against Sensex`s 2.95% rise. The scrip, had, however, outperformed the market in past year, rising 46.11% as against Sensex`s 23.51% rise.

    The mid-cap company has equity capital of Rs 29.89 crore. Face value per share is Re 1.

    The board of Prime Focus (PFL) approved to issue and allot, on a preferential basis, share warrants worth Rs 330 crore primarily to a promoter entity totaling Rs 300 crore and balance to a non promoter investor of Rs 30 crore.

    The funds raised would be used largely towards debt reduction which is in line with the company`s stated priority to significantly bring down the leverage of the group. The allotment would be a total of 3.11 crore warrants at the price of Rs 106 per share, with a right exercisable by the warrant holder to subscribe for one ordinary share per warrant whichoption shall be exercisable on or after 1 April 2018, but not later than 18 months from the date of issue of warrants.

    The promoter holding, on full conversion, will increase to around 40% from 35% as on 30 September 2017.

    Prime Focus reported consolidated net profit of Rs 21.87 crore in Q2 September 2017 compared with net loss of Rs 39.50 crore in Q2 September 2016. Net sales rose 17.3% to Rs 546.17 crore in Q2 September 2017 over Q2 September 2016.

    Prime Focus is an independent integrated media services company. It provides end-to-end creative services (visual effects, stereo 3D conversion and animation), technology products & services (media ERP Suite and cloud-enabled media services), production services (equipment rental) and post-production services (digital intermediate and picture post) to the media and entertainment industry.

    Powered by Capital Market - Live News

Copyright © 2017. All Rights Reserved. Indiabulls Ventures Limited. | Privacy Policy | Cookie Policy | | Bechmark Rates

Indiabulls Ventures Limited. [Corporate Identification Number for IVL: L74999DL1995PLC069631]
SEBI Reg No: INZ000007534 | NSE Membership No: 08756 [CM, FNO, CDS] | BSE Membership No: 907 [CM, FNO]
Indiabulls Commodities Ltd. - [Corporate Identification Number for ICL: U74999DL2003PLC122874]
SEBI Reg No: INZ000036136 | MCX: MEMBER CODE: 12835 | NCDEX: MEMBER CODE: 10

Site best viewed in IExplorer 10+ | Chrome | Firefox