New Delhi, June 3 -- Shares of Thinkink Picturez Ltd, a low-priced penny stock trading below Re 1, hit the 10 percent upper circuit at Rs.0.33 on Tuesday, June 3, in a surprising move despite weak broader market sentiment. The rally came on the back of a major leadership announcement, with the company appointing Mr. Chetan Chauhan as its new Chief Executive Officer, signalling a new phase of aggressive growth and content diversification focused on India's regional entertainment market.

With over 29 years of experience in the media and entertainment industry, Mr. Chauhan brings significant leadership credentials to the table. His past associations include prominent names such as The Times of India Group (BCCL), Mid-Day, Reliance, and Pant...