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Den Networks gains as FIIs increase stake in Q1FY15

18 Jul 2014 Evaluate

Den Networks is currently trading at Rs. 213.00, up by 6.15 points or 2.97 % from its previous closing of Rs. 206.85 on the BSE.

The scrip opened at Rs. 207.00 and has touched a high and low of Rs. 214.85 and Rs. 202.10 respectively. So far 17451 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.15 on 02-Jul-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. 215.50 and Rs. 198.90 respectively. The current market cap of the company is Rs. 3803.67 crore.

The promoters holding in the company stood at 40.05 % while Institutions and Non-Institutions held 20.34 % and 39.61 % respectively.

Foreign Institutional Investors (FIIs) have increased stake in Den Networks to 18.47% as on June end as compared to 16.78% at the end of March. Overall, institutional stake in the company rose to 21.68% as on June end, from 20.34% as on March end.

The US based Teachers Insurance and Annuity Association’s College Retirement Equity Fund, raised stake in the company to 2.65% as on June end from 1.60% at the end of March. However, Mutual funds cut their stake in the company to 1.06% as on June end as against 1.88% in previous quarter.

DEN Networks is India’s leading cable TV Distribution Company reaching an estimated 13 million households in over 200 cities across India. The company has been one of the frontrunners in the cable TV digitization process and has over 5.7 million digital cable subscribers. DEN is present in 13 key states across India.

Den Networks Share Price

29.23 0.40 (1.39%)
17-Apr-2026 16:59 View Price Chart
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