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MUMBAI: Industrialist Ratan Tata has made an eyebrow-raising bet on the producer of Amazon’s hit series ‘Four More Shots Please!’
Ratan Tata, who in his personal capacity has been making bets on technology companies, picked up an undisclosed quantity of shares in the company helmed by the famous film producer and former parliamentarian Pritish Nandy, the company said in an exchange filing.
The announcement triggered a spike in the shares of Pritish Nandy Communications, which were locked in their 10 per cent upper circuit limit of Rs 23.55 on the National Stock Exchange.
The media and entertainment company is known for hits such as ‘Chameli’, ‘Kaante’ and ‘Jhankaar Beats’. Recently, the entertainment content producer hit jackpot with its first over-the-top streaming production ‘Four More Shots Please!’.