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Prime Focus shares, backed by Ranbir Kapoor, hit 10% upper circuit at Rs 158.37 after a 1.5% stake changed hands in a block deal.
Ranbir Kapoor
Shares of Prime Focus, backed by Ranbir Kapoor, surged 10 per cent on September 5, hitting the upper circuit at Rs 158.37 apiece, after more than a 1.5 per cent stake in the company changed hands in a large block deal, according to a CNBC-TV18 report.
Around 47.5 lakh shares, representing 1.53 per cent equity stake, were traded in the block deal window.
The stock has been in focus since July following the release of the teaser of the much-anticipated film Ramayana. Ranbir Kapoor is reported to have invested Rs 15–20 crore in Prime Focus Studio. Earlier, the company approved a preferential issue of over 46 crore shares, with Kapoor among the proposed allottees, slated to acquire 12.5 lakh shares.
However, News18 could not independently verify whether the actor has acquired these shares so far.
Founded by Namit Malhotra in 1997 in a Mumbai garage, Prime Focus expanded globally with the acquisition of UK-based visual effects house Double Negative (DNEG) in 2014. DNEG has since won multiple Academy Awards, including for TENET, Dune: Part One, and Dune: Part Two, bringing its Oscar tally to eight. Prime Focus today is known for its visual effects, animation, production, and post-production capabilities.
As of June 30, Namit Malhotra held 1.49 crore shares, equivalent to a 4.81 per cent stake, based on NSE shareholding data.
Prime Focus has delivered a 62 per cent rally in the past six months and a staggering 300 per cent surge over the last five years. The small-cap stock currently trades at a P/E ratio of 22.87, according to NSE data.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
September 05, 2025, 12:40 IST
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