The scrip is currently trading at its lower circuit limit of Rs. 6.82, down by 0.35 points or 4.88% from its previous closing of Rs. 7.17 on the BSE.
The scrip opened at Rs. 6.82 and has touched a high and low of Rs. 6.82 and Rs. 6.82 respectively. So far 35928 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 57.00 on 17-Feb-2012 and a 52 week low of Rs. 4.92 on 22-Nov-2012.
Last one week high and low of the scrip stood at Rs. 7.73 and Rs. 6.60 respectively. The current market cap of the company is Rs. 142.52 crore.
The promoters holding in the company stood at 73.83% while Institutions and Non-Institutions held 8.67% and 17.50% respectively.
Troubles for Hyderabad-based media company, Deccan Chronicle Holdings (DCHL), which is facing financial problems, including a winding-up petition, does not seems to come to an end, as effective from January 23, trading in the company’s shares has been suspended.
According to a circular issued by the National Stock Exchange (NSE), non-compliance with the provisions of the listing agreement is the reason for the suspension from trading. This includes non-submission of corporate governance report, financial results and reconciliation of share capital audit report for the quarter ended September 30.
Meanwhile, BSE is yet to decide on the same issue as the media company did not submit its shareholding pattern, corporate governance report, financial results and reconciliation of share capital audit report for the September quarter. While, NSE suspends trading in a stock a quarter after the company's failure to submit the disclosures, BSE allocates two quarters for the same. However, since the two quarters came to end on December, BSE is yet to take a final call on the issue.
The financial distress in DCHL came to fore after company defaulted on redemption of non-convertible debentures held by IFCI. Canara Bank is conducting a forensic audit of DCHL’s accounts. Canara Bank has an exposure of Rs 330 crore to DCHL. The bank in the second quarter has made a provision of Rs 225 crore following the slippage on this account.
| Company Name | CMP |
|---|---|
| D.B. Corp | 290.85 |
| Navneet Education | 146.00 |
| Jagran Prakashan | 90.30 |
| HT Media | 25.50 |
| Hindustan Media Vent | 97.10 |
| View more.. | |
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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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