Top 5 Bollywood Stocks To Watch In 2023
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Bollywood is the world’s largest film industry in terms of the number of movies produced and has always been a subject of fascination for people around the globe. The glitz, glamour, and larger-than-life narratives of Bollywood movies have captured the hearts of millions.

While many are aware of the massive box office numbers generated by these films, not everyone knows that there are several publicly listed Bollywood stocks that investors can keep an eye on. In this article, we will discuss Bollywood stocks that traders should watch closely.

  1. Tips Industries Ltd.

Tips Industries Ltd., founded in 1975, is one of the biggest production houses in the country. The company has produced blockbuster movies such as “Raja Hindustani,” “Azab Prem Ki Ghazab Kahani,” and “Race.” Tips Industries has gained a reputation for its high-quality content and has garnered immense popularity among the masses.

At the time of writing the company has a market capitalisation of around ₹2,800 crore, with the stock trading around ₹200 levels. The stock which remained subdued for the better part of the last two decades saw shares surge late in 2020. In April 2021, the stock closed at ₹446.50 and went up to ₹1500 levels- an over 263.78% surge. After that, it went for a 1:10 stock split in April this year.

  1. Saregama India Ltd.

Saregama India Ltd., a renowned music and film production company, holds a significant place in Bollywood’s history. With a rich library of music, Saregama has entertained generations of movie enthusiasts. It also released the very popular Saregama Caravan, which provides an evergreen library of top Bollywood songs.

A few years back, the company also announced Yoodlee Films, which has produced some thought-provoking cinema in Chaman Bahar and Bahut Hua Samman. The company has adapted well to the digital era by partnering with leading music streaming platforms.

With a market capitalisation of over ₹6,700 crore is one of the biggest entertainment companies in the country. The stock has also seen a similar rise in recent years, giving multi-bagger returns to investors. From ₹30-₹40 levels in May 2020, to ₹375-₹400 levels in May 2023 – an over 1,100% return.

  1. Bodhi Tree Multimedia Ltd.

Bodhi Tree Multimedia Ltd., known for its exceptional content in the television and digital space, has made its mark in the entertainment industry in a short span of time. The company has produced popular shows like Marzi and the extremely popular Class on Netflix. Bodhi Tree’s focus on storytelling and engaging narratives has resonated well with the audience.

With a market capitalisation of around ₹250 crore, Bodhi Tree Multimedia is one of the smaller names in this list. However, it has given the best returns in the past year, with shares of the company having gone up over 450%.

  1. Prime Focus Ltd.

Prime Focus Ltd., a leading global visual entertainment services company, has contributed its expertise to numerous Bollywood and Hollywood blockbusters. The company has been involved in the post-production and visual effects of films like “Tenet”, “First Man”, “Inception” and “Padmaavat.” Prime Focus has established itself as a trusted partner for filmmakers, offering cutting-edge technology and creative solutions.

With a market capitalisation of over ₹3,000 crore, it is one of the largest entertainment stocks listed on the Indian stock exchanges. In the past year, shares of the company have gone up over 50%.

  1. Balaji Telefilms Ltd.

Balaji Telefilms Ltd., founded by renowned Bollywood producer Ekta Kapoor, has been at the forefront of Indian television and film production. Many of us might have grown up watching popular TV shows produced by the company like “Kyunki Saas Bhi Kabhi Bahu Thi” and “Kasautii Zindagii Kay,”. The company also has a nice portfolio of films like “Shootout at Lokhandwala” and “The Dirty Picture.”

Balaji Telefilms has established a strong presence in the industry and enjoys a market capitalisation of over ₹400 crore. However, the stock has not seen similar upward momentum as the other stocks mentioned above. The stock is down around 4% in the past year.

So these are some of the stocks that have a huge presence in the Indian entertainment industry. There are several other stocks that investors can take a look at in the space such as Shemaaro Ent, Eros International, and Media Matrix. But before investing, you should make sure that you acquaint yourself with all aspects of the company’s fundamentals.

Disclaimer: Benzinga India doesn’t give financial advice. The above article is for educational purposes alone.

Editor’s Note: Artificial intelligence was used as a secondary aid in the writing of this story.

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