Ranbir Kapoor-backed Prime Focus shares hit 10% upper circuit on reports of block deal

Prime Focus shares jumped 10% after a significant block deal. Around 47.5 lakh shares changed hands. This follows news of Ranbir Kapoor's investment in Prime Focus Studio. The company approved issuing over 46 crore shares. Prime Focus, founded by Namit Malhotra, is known for visual effects. Its subsidiary, Double Negative, has won multiple Academy Awards.