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Shemaroo Entertainment gains 10% in the upper circuit following a strong fourth-quarter performance.

Over the previous five years, Shemaroo stock has lost 71.82 percent of its value. In comparison, the benchmark Nifty50 index has returned 68.77 percent over the same time period.

Shemaroo Entertainment Ltd has reported total income of Rs. 164.7 crores during the period ended March 31, 2023, as compared to Rs. 150.4 crores during the period ended December 31, 2022.

The company reported a net profit of Rs. 4.84 crores for the fiscal year ended March 31, 2023, compared to a net profit of Rs. 0.88 crores for the fiscal year ended December 31, 2022. The company recorded EPS of Rs. 1.78 for the fiscal year ended March 31, 2023, compared to Rs. 0.32 for the fiscal year ended December 31, 2022.

Recent company developments

She will report to Arghya Chakravarty, COO, Shemaroo. Trivedi moves from Disney Star, where she was executive director, content studio strategy head.

Her ability to create captivating content experiences for audiences and build creative methods meshes perfectly with our aim of providing excellent value to our consumers. We are convinced that Anuja will be critical to Shemaroo’s continuing success and expansion.”

Performance of Stocks

Over the previous five years, the stock of Shemaroo has lost 71.82 percent of its value. The benchmark Nifty50 index, on the other hand, has returned 68.77 percent over the same time period.