MoneyWorks4Me

Next Mediaworks shines on getting nod to raise up to Rs 30 crore

20 Feb 2015 Evaluate

Next Mediaworks is currently trading at Rs. 15.30, up by 0.75 points or 5.15% from its previous closing of Rs. 14.55 on the BSE.

The scrip opened at Rs. 13.85 and has touched a high and low of Rs. 15.30 and Rs. 13.85 respectively. So far 16095 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 21.00 on 27-Jan-2015 and a 52 week low of Rs. 2.30 on 20-Mar-2014.

Last one week high and low of the scrip stood at Rs. 16.60 and Rs. 14.00 respectively. The current market cap of the company is Rs. 98.98 crore.

The promoters holding in the company stood at 60.98% while Institutions and Non-Institutions held 2.84% and 36.18% respectively.

Next Mediaworks has received an approval for raising funds of up to Rs 30 crore by issue of securities. The board of directors at their meeting held on February 17, 2015 have approved for the same. The board also approved to increase the authorized share capital of the company.

Next Mediaworks was incorporated with main object of printing and publishing of newspapers, magazines, books, journals etc.

Peers
Company Name CMP
D.B. Corp 180.35
Jagran Prakashan 62.67
HT Media 24.07
Navneet Education 122.75
S Chand And Company 145.05
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