Bodhi Tree Multimedia Limited's share price may rise due to a Netflix deal worth Rs 650 crores for book rights.
Bodhi Tree Multimedia Limited (BTML) may see its share price rise to Rs 450 within a year due to a deal with Netflix, which will pay Rs 650 crores for rights to develop popular books into movies and series. The deal provides BTML with guaranteed profits, Netflix funding, and 50% content rights ownership. Analysts project a 400% increase in revenue and significant profit growth. The debt-free company's strong financial stability and investor confidence boost its potential for growth.
April 06, 2024
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