Trending stocks: Shemaroo Entertainment share price jumps 5%

NEW DELHI: Shares of Shemaroo Entertainment Ltd. traded 4.95 per cent up in Thursday 's trade at 11:33AM (IST). Around 20 shares changed hands on the counter.

The counter opened at Rs 90.1 and touched an intraday high and low of Rs 90.1 and Rs 90.1 , respectively, in the session so far. The stock quoted a 52-week high of Rs 526.5 and a 52-week low of Rs 41.15 .

Shemaroo Entertainment Ltd., incorporated in the year 2005, is a Small Cap company (having a market cap of Rs 233.36 Crore) operating in Media & Entertainment sector.


The company said it is entering the crowded Hindi general entertainment channels (GEC) space with a new, free to air offering, despite the ongoing COVID-19 pandemic that has deeply impacted advertising.

Key Financials

The company reported consolidated sales of Rs 97.04 crore for the quarter ended 31-Dec-2019 , down -35.45 per cent from previous quarter's Rs 150.33 crore and down -34.85 per cent from the year-ago quarter's Rs 148.95 crore.

The net profit after tax for the latest quarter stood at Rs 8.5 crore, -56.57 per cent from the corresponding quarter last year .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 0.0 per cent stake in the firm , while foreign institutional investors held 19.841919 per cent and the promoters 59.171284 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 4.6 and a price-to-book ratio of 208.8 .A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for 'nil' growth in the business.

Shemaroo Entertainment Ltd. belongs to the Film/TV Production & Distribution industry.