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Reliance Broadcast Network trades higher on the bourses

Reliance Broadcast Network Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 533143 | NSE: RBN

05 Jan 2012 Evaluate

Reliance Broadcast Network (RBNL) is currently trading at Rs 51.25, up by 0.35 points or 0.69% from its previous closing of Rs 50.90 on the BSE.

The scrip opened at Rs 51.75 and has touched a high and low of Rs 51.75 and Rs 50.25 respectively. So far 1292 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 51.95 and Rs 47.00 respectively. The current market cap of the company is Rs 403.21 crore.

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

Reliance Broadcast Network’s (RBNL) radio arm - 92.7 Big FM, India's No.1 FM Network, has rolled out a new vibrant Jingle on January 01, 2012. The Jingle referred as the 'sound of celebration' was launched in style on New Year's Eve on the biggest show on Star Plus for the night 'BIG STAR Entertainment Awards'. 92.7 BiG FM has bought together some musicians and singers.

The tune has a universal appeal but the primary target audience is all SECs - 25+ audiences. There will be a month long celebration of the new tune both online and on ground. Also the making of the jingle will be aired on leading television channels. The tune has been recorded in 14 different languages including Hindi, Telugu, Malayalam, Tamil, Kannada, Marathi, Gujarati, Punjabi, Dogri, Kashmiri, Oriya, Bengali, Assamese and Konkani.

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.

Reliance Broadcast Share Price

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Peers

Company Name	CMP
PVR	938.05
Saregama India	344.55
Shemaroo Entertain.	105.35
Balaji Telefilms	94.39
UFO Moviez	72.06
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Reliance Broadcast Network trades higher on the bourses

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