Prime Focus Share Price Hits 10% Upper Circuit Amid Block Deal Buzz | Stock Market Today

Prime Focus Share Price Hits 10% Upper Circuit Amid Block Deal Buzz | Stock Market Today

Market Performance

The stock market today witnessed yet another small-cap star making headlines. Prime Focus share price hit the 10% upper circuit on Friday, powered by a sudden jump in trading activity. The stock opened with a strong gap-up and quickly climbed to ₹158.10 apiece on the BSE, leaving investors curious about the sharp move.

The surge aligned with the positive sentiment in the Indian stock market today, where small-cap stocks were in the spotlight.

Main News: Block Deal Activity Triggers Rally

The buzz around Prime Focus share price was primarily driven by block deal activity. According to CNBC-TV18, nearly 47.5 lakh equity shares of Prime Focus — accounting for 1.53% stake in the company — exchanged hands in a block deal window on September 5.

What stood out was the sharp contrast between this sudden surge in trading and the stock’s usual activity:

  • 1-week average trading volume: ~2 lakh shares
  • 1-month average trading volume: ~3 lakh shares

The deal volume on Friday was significantly higher, sparking strong momentum in the stock. However, details such as the identities of the buyer and seller, or the deal value, were not disclosed.

Company Details

Prime Focus, a small-cap company in the Media & Entertainment sector, continued its upward momentum for the second straight session.

Adding to recent developments, the company announced that it had received ‘no-objection’ letters from BSE and NSE. This was regarding the reclassification of Monsoon Studio Private Limited from the company’s ‘Promoter Group’ to the ‘Public’ category.

Such regulatory clearances often help streamline shareholder structures and are closely tracked by market participants.

Prime Focus Share Price Performance

The stock has displayed a mixed yet striking trajectory over different timelines:

  • 1 month: Flat
  • 3 months: Up 36%
  • 6 months: Up 60%
  • Year-to-date (YTD): Gained 13%
  • 2 years: Surged 73%
  • 5 years: Delivered a massive 300% multibagger return

At 9:50 AM on Friday, Prime Focus share price was locked at the upper circuit limit of ₹158.10 on the BSE.

Summary

  • Prime Focus share price hit ₹158.10, locked in at a 10% upper circuit.
  • Rally triggered by a block deal of 47.5 lakh shares (1.53% stake).
  • Trading volume far above its weekly (2 lakh) and monthly (3 lakh) averages.
  • Company recently received exchange approvals for shareholder reclassification.
  • Stock has delivered 300% returns in 5 years, cementing its small-cap multibagger tag.

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