Apr 11, 2007, 08.04 PM | Source: Moneycontrol.com
Prime Focus expands India operations
Prime Focus (BSE: PFOCUS), India’s leading integrated end-to-end post production and visual effects house, today announced the official launch of its fourth India facility at Chennai. With the South Indian film industry accounting for over 50% of
The Chennai facility is the company’s fourth in
The Tamil film industry or ' Kollywood ' is the second largest film industry in India and one of the most successful. According to industry estimates more than 135 Tamil movies were made in 2006. Tamil films are popular the world over including in countries like Sri Lanka , Singapore , Japan , Malaysia , United Kingdom , Canada , South Africa and United States . They also get dubbed into other languages like Telugu, Hindi, thus reaching a much wider audience. Additionally several Malayalam and Kannada films are created in Chennai as well. Also, the 2006 success of big budget films such as ‘Dishoom’, ‘Jillini Oru Kaadal’, ‘Godfather’ etc. has spurred a boom among producers to make similar big budget extravaganzas costing anywhere between Rs. 15 crores to Rs. 40 crores.
Commenting on the facility inauguration, Mr. Bhaarath Sunder, Chief Executive Officer, Prime Focus Limited, said, “The Chennai film and advertising industry is among the most evolved in
Says Mr. Amit Gupta, Director – Corporate Development, Prime Focus Limited, “Prime Focus is
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Prime Focus stock price
On May 06, 2016, Prime Focus closed at Rs 54.65, up Rs 0.95, or 1.77 percent. The 52-week high of the share was Rs 63.95 and the 52-week low was Rs 36.00.
The latest book value of the company is Rs 34.90 per share. At current value, the price-to-book value of the company was 1.57.