BFS Flourishes With North America And Emerging European Market Projects

About the Expansion

Basilic Fly Studio Limited (BFS) which is a visual effects (VFX) company has reported today that it has new projects coming from North America and Europe Markets. BFS is expanding its project portfolio with new ventures originating from emerging markets such as Italy, Spain, and France, as well as experiencing a surge in projects from established markets of North America post the resolution of the writers’ strike. This exciting development reflects BFS’s growing presence in both emerging and established markets, showcasing its ability to adapt and thrive in the ever-evolving entertainment industry landscape.

Company is pushing creative boundaries and nurturing global partnerships, Basilic Fly Studios Limited has reinforced its position as a frontrunner in the global entertainment industry. Major new projects from North America span across genres, showcasing visionary storytelling and technical innovation. From groundbreaking sci-fi sagas exploring environmentalism and colonisation to action-packed superhero comedies, and captivating docudramas blending western with space opera twists, each promises to captivate and inspire audiences worldwide.

Stock Performance

In the last trading session, the stock closed at Rs 430.75. Today it opened at Rs 437 and currently, it is trading at 428, down by 0.64%. The company’s 52-week high stands at Rs 507.75, while its 52-week low stands at Rs 252.10. The company boasts a market capitalisation of approximately Rs 1,000 crore. The SME stock was listed at September 11, 2023, with 179.38% premium for Rs 271. Since the listing day it has given a staggering return of 57.93%.

About the company

Established in 2016, Basilic Fly Studio is a visual effects (VFX) studio headquartered in Chennai, India with subsidiaries operating in Canada and the UK. BFS specializes in creating captivating visual experiences and has gained rich experience in pushing the boundaries of creativity and technology to deliver exceptional VFX solutions for movies, TV shows, web series, and commercials. With over 10,000 completed projects BFS has worked with more than 300 clients, including 900 movies, 2,000 series, and 8,000 commercials. Ace investor Ashish Kacholia holds around 2.35% of the company.

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