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International Balaji Telefilms shares touches all time high

Balaji Telefilms shares touches all time high

Author | NULL | Monday, Jan 01,1900 7:46 AM

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Balaji Telefilms shares touches all time high

Balaji Telefilms touched a new 52-week high of Rs 469 yesterday during intra-day deals. The scrip opened at Rs 428.45, touched a high of Rs 469 before closing out at Rs 442.70.

Balaji Telefilms posted a net profit of Rs 8.51 crore for the December quarter compared to Rs 6.62 crore in the last quarter.

The company has also forecast a 50 per cent growth in bottomline for the next year. The fourth quarter is also expected to be good on back of new serials and 35 per cent hike in rates for programmes on Star Plus.

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