Reliance Broadcast Network trades higher on the bourses

29 Dec 2011 Evaluate

Reliance Broadcast Network’s (RBNL) is currently trading at Rs. 50.20, up by 0.15 points or 0.30% from its previous closing of Rs. 50.05 on the BSE.

The scrip opened at Rs. 48.80 and has touched a high and low of Rs. 51.60 and Rs. 48.80 respectively. So far 4,336 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 99.25 on 03-Aug-2011 and a 52 week low of Rs. 40.20 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 54.90 and Rs. 48.10 respectively. The current market cap of the company is Rs. 398.00 crore.

The promoters holding in the company stood at 63.87% while Institutions and Non-Institutions held 2.66% and 33.46% respectively.

RBNL’s radio arm - 92.7 Big FM, India's No.1 FM Network reaching over 4 crore Indians each week, was adjudged the ‘Best Radio Broadcaster of the Year 2011' at the prestigious 'Golden Mikes', the annual exchange4media Radio Advertising Awards.

92.7 BIG FM won the most important award of the year riding on its victorious run in four major categories. In the intensively competitive FM radio space, 92.7 BIG FM also brought home two golds and two silvers.

The company has bagged gold award in the following categories - Most Unique Programming Idea/Concept - Actor Calling Actor and Best Public service initiative by a radio station or a network of stations for self while it has bagged silver award under - Most unique programming Idea/Concept - Yaadon Ka Idiot Box and Best Pubic service initiative by a radio station or a network of stations for self - Short Song.

RBNL is a multi-media entertainment conglomerate with play across radio, television, intellectual properties and out of home. It is part of the Reliance Group and specializes in creating and executing integrated media solutions for brands. 

Peers
Company Name CMP
PVR 1331.65
Saregama India 471.15
Eros Internatl.Media 20.06
Shemaroo Entertain. 142.80
Balaji Telefilms 68.50
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