India's Phantom Digital hits record high on Netflix work order

Phantom Digital Effects

28/06/2023 10:51

** Shares of Phantom Digital Effects Ltd  PHAN.NS  surge as
much as 5% to record high of 434.10 rupees
    ** Visual effects solutions provider says it received work
order from Netflix  NFLX.O  for 1.20 billion rupees ($14.63
million)
    ** About 65,400 shares traded by 3:14 p.m. IST, roughly
equal to PHAN's 30-day avg - Refinitiv Data
    ** If trends hold, stock on track to advance for third
consecutive session    
    ** Stock doubled so far this year



($1 = 82.0310 Indian rupees)

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))