Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Balaji Telefilms inks deal for rights of 4 upcoming movies

Posted On: 2019-06-20 20:52:30

Balaji Telefilms Limited has completed the sale of theatrical distribution rights for its upcoming slate of four exciting movies. Pen Marudhar Entertainment (subsidiary of Pen Studios) has acquired the distribution rights for Mental Hai Kya, Jabariya Jodi, Dream Girl & Dolly Kitty Aur Woh Chamakte Sitaare.

Earlier in the year the company had sold to Zee Entertainment Enterprise the Satellite, Digital and Music rights for these films. Following the sale of the theatrical distribution rights for these movies, the Company has recovered all its costs associated with the movies by way of minimum guarantee and is on path to deliver a sizeable profit in the movie business. The Company's focus on pre-sales and coproduction is paying off as intended and the Company will to continue this strategy to grow its movies portfolio.

Mental Hai Kya boasts of two powerhouse performers Kangana Ranaut & Rajkummar Rao, who will be seen battling it out in this quirky thriller. Following this we have Sidharth Malhotra & Parineeti Chopra's Jabariya Jodi that explores the concept of 'groom kidnapping' in a humorous way.

The other two movies in the slate include an out and out comedy Dream Girl staring Ayushmann Khurrana and Nushrat Bharucha. Dolly Kitty Aur Woh Chamakte Sitaare, starring Bhumi Pednekar & Konkona Sen Sharma rounds up the slate.

Balaji Telefilms has always pursued a strategy of curating clutter breaking film content and we continue to develop an exciting slate for the next year.

Commenting on this development Mrs Shobha Kapoor Managing Director Balaji Telefilms said "We are pleased with this development and look forward to working with such experienced partners, who can optimise the reach and potential of our forthcoming slate. We will remain selective and profitable in our movie business and continue to tell unique and engaging stories."

Shares of BALAJI TELEFILMS LTD. was last trading in BSE at Rs.60.25 as compared to the previous close of Rs. 60.15. The total number of shares traded during the day was 1258 in over 31 trades.

The stock hit an intraday high of Rs. 60.6 and intraday low of 57. The net turnover during the day was Rs. 74859.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Rising Pharmaceuticals launches Pregabalin Capsules in US market

Shivam Autotech Ltd board to consider 1st quarter results on Aug 8, 2019

NCC Ltd board to approve Q1 results on Aug 9, 2019

United Technologies selects L&T Technology Services as a strategic partner for Collins Aerospace

Lupin's Nagpur facility wins ENR Global Best Project Award

InvaGen receives final approval for generic version of Pfizer's Lyrica®

BHEL expands bags order to erect Reactor side equipment of Kudankulam Unit 3&4

Amara Raja Batteries Ltd reports 2% growth in revenue during Q1 FY20

Jubilant Life Sciences Ltd board to approve 1st quarter results on July 26, 2019

Muthoot Capital Services Ltd calls for board meeting on July 29, 2019

ICRA revises ratings of Indo Count Industries Ltd

Reliance Industries Ltd approves merger of RHUSA with REGDL and merger of REGDL with itself

K P R Mill Limited board to consider Q1 results on July 29,2 019

IndiGo inaugurates Shillong as 54th domestic destination

Avanti Feeds Ltd Q1 consolidated PAT up at Rs. 101.45 crore

Shri Kumar Mangalam Birla appointed as Chairman of CENTURY Textiles and Industries Limited

ARSS Infrastructure Projects Ltd JV bags work order of Rs. 77.96 crore

HDFC Bank fixes Sep 20, 2019 as record date for stock split

HDFC Bank recommends special interim dividend of Rs. 5

AXIS Bank board approves fund raising of upto Rs. 18,000 crore

HDFC Bank Ltd Q1 FY20 consolidated net profit falls QoQ to Rs. 5676.06 crores

VXL Instruments Ltd calls for board meeting on July 29, 2019

Future Lifestyle Fashions Ltd Q1 PAT falls QoQ, YoY

Andhra Petrochemicals Ltd board to consider quarterly results on Aug 3, 2019

Vodafone Idea Ltd board to announce first quarter results on July 26, 2019

Jagran Prakashan Ltd board to approve Q1 results on July 31, 2019

CARE revises ratings of Godawari Power and Ispat Ltd

Dr. Reddy's Laboratories announces closure of the transaction to divest ZEMBRACE® SYMTOUCH® and TOSYMRA™ to Upsher-Smith Laboratories, LLC

Century Enka Ltd board approves appointment of Smt. Rajashree Birla as Chairperson

Garden Reach Shipbuilders & Engineers Ltd board to consider Q1 results on Aug 9, 2019

Amara Raja Batteries Ltd Q1 FY20 net profit at Rs. 140.91 crores

Cipla Ltd gets 7 observations from USFDA for API facility in Bengaluru

Kirloskar Pneumatic Co. Ltd. Q1 net profit at Rs. 3.46 crore

US FDA completes inspection at Strides' flagship facility in Bangalore

CG bags contract for 400 MW wind farm in Saudi Arabia

NCL Industries Ltd reports 4% growth in cement production in Q1 FY20

CRISIL reaffirms rating of Edelweiss Financial Services Ltd's short term borrowing

IndiGo reports PAT of INR 12,031 million and EBITDAR of INR 27,785 million in Q1 FY20

Brookfield to invest Rs. 25,215 crore in units of RIL's tower infrastructure trust

Bandhan Bank Ltd Q1 net profit rises to Rs. 701.14 crores

Mahindra CIE Automotive Ltd Q2 CY19 PAT drops to Rs. 126.22 crores

Bhageria Industries Ltd reports Q1 net profit of Rs. 17.01 crore

REC Limited launches US$ 650 Million 3.375% Notes

IOL Chemicals & Pharmaceuticals Ltd prepays term loan of Rs. 15.39 crore

McNally Bharat Engineering Company Ltd bags order from NLC India Ltd

RIL Q1 consolidated net profit at Rs. 10141 crores

L&T Technology Services Q1FY20 revenue rises on large deal wins

Dabur India Q1 Consolidated Net Profit surges 10.3%

Bhumika Group partners with Shoppers Stop Ltd. at Urban Square, Udaipur

HPL Electric partners with Haryana Steelers for Pro Kabaddi League Season 7

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019