Singham enters stock market! Ajay Devgn invests Rs 2.74 crore in smallcap studio firm

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Key Points

Bollywood superstar Ajay Devgn, best known for blockbusters like Singham and Drishyam franchisees, has bought 1 lakh shares of a multibagger smallcap stock, Panorama Studios International, by participating in a preferential issue of shares of the film production house...

The Bollywood star's investment is worth about Rs 2.74 crore and the purchasing price comes to about Rs 274 per share a significant discount to Saturday's closing price of Rs 949 per share on the BSE...

With a market capitalisation of just about Rs 1,200 crore, Panorama shares have more than doubled in the calendar year 2024 and skyrocketed 800% in the last one-year period...

The actor shares a close relationship with Panorama and has worked in their productions like 'Dil Toh Baccha Hai Ji', 'Raid' and 'Drishyam'..

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