Pyramid Saimira shines on tie-up with Spize TV

DALAL STREET SPIKES

Pyramid Saimira Theatre surged 5.91 per cent to Rs 314.70 after the company's announcement of a partnership with Spize TV, a direct-to-home platform, for content and new channels. The scrip opened at Rs 297 and went on to touch a high of Rs 318.50 and a low of Rs 297 in intra-day trades. A total of 56114 shares changed hands at the BSE.

The scrip has surged 12.27 per cent since the last one week. Spize TV is a pan-European DTH platform offering Asian and niche content. The platform will have bouquets in various Indian languages and is soon starting Chinese and Spanish offerings.