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Jagran Prakashan is currently trading at Rs. 148.20, up by 8.20 points or 5.86% from its previous closing of Rs. 140.00 on the BSE.
The scrip opened at Rs. 143.25 and has touched a high and low of Rs. 153.15 and Rs. 143.25 respectively. So far 35,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 153.15 on 17-Dec-2014 and a 52 week low of Rs. 82.30 on 17-Dec-2013.
Last one week high and low of the scrip stood at Rs. 13.15 and Rs. 139.00 respectively. The current market cap of the company is Rs. 4,880.00 crore.
The promoters holding in the company stood at 62.59% while Institutions and Non-Institutions held 25.95% and 11.45% respectively.
Jagran Prakashan (JPL) has received an approval for entry into the radio industry via acquisition of Music Broadcast (MBPL). The board of directors at their meeting held on December 16, 2014 has approved for the same. The acquisition is subject to regulatory approvals, including from Ministry of Information and Broadcasting, and execution of binding agreements. As part of the acquisition the company is acquiring MBPL’s holding company and fellow subsidiary that provides activations.
Music Broadcast (MBPL) runs India’s leading radio network under the name ‘Radio City’ and is present in 20 stations across 7 states. The network has a strong national presence, with a presence in the top 14 out of 16 advertisement revenue generating markets with a focus on SEC AB audiences.
MBPL’s FY14 revenues were Rs 161.8 crore and the H1-FY15 (unaudited) revenues exhibit healthy growth of 28% in ad revenues. MPBL’s current operating margins are approximately 28%.
| Company Name | CMP |
|---|---|
| D.B. Corp | 308.30 |
| Navneet Education | 149.65 |
| Jagran Prakashan | 91.30 |
| HT Media | 26.22 |
| Hindustan Media Vent | 104.70 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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