Stock Market

Entertainment stock hits 20% upper circuit after receiving ₹83 Cr order for 60 AI generated episodes

Alex Smith

Alex Smith

2 months ago

4 min read 👁 12 views
Entertainment stock hits 20% upper circuit after receiving ₹83 Cr order for 60 AI generated episodes

Synopsis: Digikore Studios Limited won a ₹83 crore (US$9.3 million) project to create 60 AI-generated web-series episodes for a US client.

This Entertainment stock, engaged in visual effects (VFX), animation, post-production, and video graphics for films, web series, TV, documentaries, and commercials, hit a 20 percent upper circuit after receiving an order worth Rs. 83 crore to produce 60 AI-generated episodes.

With a market capitalization of Rs. 105.12 crores, the shares of Digikore Studios Limited hit a 20 percent upper circuit of Rs. 88.50 per share on Tuesday, up from its previous closing price of Rs. 73.75 per share. Since then, the stock has retreated and is currently trading at Rs. 83 per equity share. 

Reason Behind the Surge:

Digikore Studios Limited has announced a major new project worth Rs. 83 crore (US$9.3 million). The company will produce 60 episodes of a new action-adventure web series for Angels Studios in the USA. The entire series will be created using Digikore’s advanced Generative AI pipeline, inspired by the style of the Marvel Universe. The work will be carried out over two years, with teams in both the US and India working together.

This project gives Digikore strong revenue visibility for FY26-27 and FY27-28. It supports the company’s growth plans and increases confidence in meeting future revenue targets. Digikore has been investing in Gen-AI technology since 2024, helping them create content faster and at lower cost while maintaining high quality.

The global Gen-AI market in media is growing quickly, and audience interest in AI-made content is also rising. Recent examples, like JioHotstar’s AI-powered “Mahabharat: Ek Dharmayudh,” show strong viewer demand. This trend is encouraging for studios planning AI-driven shows.

With the VFX industry recovering and streaming platforms approving new projects, Digikore is well placed to benefit. Production begins in January 2026, with continuous deliveries for 24 months. The deal also allows future expansion, opening doors for more AI-native global projects.

Company Overview:

Digikore Studios Limited is a visual effects (VFX) and post‑production company established in 2000 by Abhishek Rameshkumar More. It started as a boutique animation and VFX studio in Pune and has since grown into a global player working on major international film and television projects.​

The company is engaged in delivering VFX for films, web series, TV series, documentaries and commercials, focusing on high‑quality yet cost‑effective work for global clients. Its services span rotoscopy, compositing, cleanup, matchmove, 3D CGI, stereo conversion, matte painting, virtual production, and other post‑production activities like animation, visual effects and video graphics.

The company is engaged in delivering VFX for films, web series, TV series, documentaries and commercials, focusing on high‑quality yet cost‑effective work for global clients. Its services span rotoscopy, compositing, cleanup, matchmove, 3D CGI, stereo conversion, matte painting, virtual production, and other post‑production activities like animation, visual effects and video graphics.

Recent quarter results:

Coming into financial highlights, Digikore Studios Limited’s revenue has increased from Rs. 22.57 crore in H1 FY25 to Rs. 34.47 crore in H1 FY26, which has grown by 52.72 percent. The net profit has also grown by 116.67 percent from Rs. 2.82 crore in H1 FY25 to Rs. 6.11 crore in H1 FY26.

In terms of return ratios, the company’s ROCE and ROE stand at -11.1 percent and -18.8 percent, respectively. Digikore Studios Limited has an earnings per share (EPS) of Rs. -3.09, and its debt-to-equity ratio is 1x.

Written By – Nikhil Naik

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Entertainment stock hits 20% upper circuit after receiving ₹83 Cr order for 60 AI generated episodes appeared first on Trade Brains.

Related Articles