Business Business: Recently, the shares of film production company Baba Arts created a stir. The company announced its September quarter results on October 24. Net profit in the September quarter increased by 280.56% from Rs 330 crore. It was 0.09 billion in September 2023. Net sales fell 85.04% to Rs 690 million in September 2024. As of September 2023, it was Rs 4.64 billion. Let us tell you that on Friday, the company’s share price fell 4% to close at Rs 12.53. Bollywood actor Ajay Devgan is also one of the major investors of this company. Ajay Devgan holds 800,000 shares or 1.52% stake in Baba Arts as per the shareholding pattern on BSE. Baba Arts shares closed at Rs 12.53 last Friday, down 15.85% in the last 6 months and 7.60% in the last 12 months. However, these stocks give high returns in the long term. The stock of this company gave some people a return of 210% in five years. Let’s assume that the company’s 52-week high price is Rs 18.70 and its 52-week low price is Rs 10.20. Its market value is Rs 6578 billion.
EBITDA increased by 253.85% from Rs 460 million in September 2024. It was Rs 1.3 billion in September 2023. Baba Arts’ EPS is expected to increase to Rs 0.06 in September 2024. It was 0.02 in September 2023. Baba Arts Limited is a manufacturing company based in India. The company is primarily engaged in the production and distribution of film and television content, trading of film intellectual property rights and post-production activities.
