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Nouveau Global Ventures surges on foraying into teleshopping, e-commerce business

Nouveau Global Ventures Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 531465 | NSE:

21 Nov 2014 Evaluate

Nouveau Global Ventures is currently trading at Rs 41.75, up by 2.00 points or 5.03% from its previous closing of Rs 39.75 on the BSE.

The scrip opened at Rs. 39.15 and has touched a high and low of Rs. 41.75 and Rs. 39.00 respectively. So far 2018 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.45 on 22-Nov-2013 and a 52 week low of Rs. 28.65 on 18-Mar-2014.

Last one week high and low of the scrip stood at Rs. 42.70 and Rs. 33.00 respectively. The current market cap of the company is Rs. 0.00 crore.

The promoters holding in the company stood at 36.67% while Non-Institutions held 63.33%.

Nouveau Global Ventures has entered into teleshopping and e-commerce business by signing a MOU. The company has entered into a Memorandum of Understanding (MOU) with principal vendor overseas of Naaptol Online Shopping (Naaptol) and Naaptol which is one of the leading home shopping companies in India and a one shop destination for shoppers, merchants and market enthusiasts, thus helping customers to choose from various products in categories ranging from apparel, electronics, home furnishings, kitchen appliances, furniture, etc.

Under this MOU, Nouveau Global Ventures FZE incorporated in Ras Al Khaimah Free Trade Zone, Dubai, of Nouveau Global Ventures will act as a Carrying and Forwarding Agent (CFA) of principal vendor overseas of Naaptol in all the sovereign countries covered in Gulf Co-operation Council (GCC), South Asian Association for Regional Co-operation (SAARC) and Middle East and North Africa (MENA).

Founded in 2008, Naaptol, a leading virtual-commerce platform has immensely revolutionized the online shopping and is now the leader of home shopping platform and a top product research engine, while Nouveau Global Ventures is presently engaged in the business of acquisition and trading of media telecast rights over national and regional TV channels.

Nouveau Global Vent. Share Price

0.49 0.00 (0.00%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
PVR	939.10
Saregama India	341.65
Shemaroo Entertain.	104.65
Balaji Telefilms	93.52
UFO Moviez	73.70
View more..

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Nouveau Global Ventures surges on foraying into teleshopping, e-commerce business

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