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RBNL jumps on the local bourses

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

15 Feb 2012 Evaluate

Reliance Broadcast Network (RBNL) is currently trading at Rs. 60.75, up by 1.30 points or 2.19% from its previous closing of Rs. 59.45 on the BSE.

The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 62.50 and Rs. 59.00 respectively. So far 152272 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. 62.50 and Rs. 56.10 respectively. The current market cap of the company is Rs. 479.89 crore.

The promoters holding in the company stood at 65.25% while Institutions and Non-Institutions held 2.57% and 32.18% respectively.

Reliance Broadcast Network’s (RBNL) - BIG CBS Spark in keeping with the needs of its Gen Next viewers has bought music based shows - HIP HOP MCs, INDIE ROCK MANIA and HOT HITZ to its young audiences. Apart from urban-international music, the company will also introduce Indian music with fresh music blocks ranging from hip-hop, rock, pop, folk, world, brass, chamber music, latest hits and more. The music segments will excellently complement the existing shows like Cheaters, Max, Smash Cards, Oblivious and Real TV. With this move, the company has become the ultimate music destination.

Also, in connecting with its audiences on ground, BIG CBS will feature college festivals, music concerts, youth fests, music launches and the likes. The channel will also offer a platform for young and upcoming artist to be showcased in the channel.

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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RBNL jumps on the local bourses

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