Den Networks is currently trading at Rs. 224.25, up by 0.80 points or 0.36% from its previous closing of Rs. 223.45 on the BSE.
The scrip opened at Rs. 224.20 and has touched a high and low of Rs. 226.15 and Rs. 221.20 respectively. So far 92,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.15 on 03-Jun-2014 and a 52 week low of Rs. 110.45 on 05-Dec-2013.
Last one week high and low of the scrip stood at Rs. 234.00 and Rs. 212.15 respectively. The current market cap of the company is Rs. 1798.26 crore.
The promoters holding in the company stood at 40.05% while Institutions and Non-Institutions held 20.34% and 39.61% respectively.
Den Networks, a leading multi system operator, has selected HD cable chipset manufactured by global semiconductor maker STMicroelectronics for its set top boxes. STiH273(Palma) HD cable chipset would deliver high-definition content which would be almost five times better in video quality and multi-channel audio capabilities. It would also ensure better user interface to access content in a more intuitive manner.
DEN Networks is India’s leading cable service provider with a base of over six million homes. DEN is present in 13 key states across India.
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