HDFC MF ACMIP Long Term Plan has bought 30.72 lakh shares of DB Corp through open market route. The shares were purchased on an average price of Rs 303 valuing the transaction to Rs 93.08 crore. On the other hand, Pawan Agarwal has sold 13.12 lakh shares of the company for an average price of Rs 303 through open market route.
DB Corp is the only media conglomerate that enjoys a leadership position in multiple states, in multiple languages and is a dominant player in its all major markets. The company’s other business interests also span the radio segment through the brand - MY FM - radio station with presence in 7 states and 17 cities and a strong online presence in internet portals.
