NDTV rises on inking non-binding term sheet with potential investors

12 Jun 2015 Evaluate

New Delhi Television is currently trading at Rs. 101.40, up by 0.60 points or 0.60% from its previous closing of Rs. 100.80 on the BSE.

The scrip opened at Rs. 100.00 and has touched a high and low of Rs. 103.30 and Rs. 100.00 respectively. So far 16,072 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 4 has touched a 52 week high of Rs. 149.60 on 17-Apr-2015 and a 52 week low of Rs. 70.30 on 10-Jul-2014.

Last one week high and low of the scrip stood at Rs. 109.70 and Rs. 99.00 respectively. The current market cap of the company is Rs. 653.00 crore.

The promoters holding in the company stood at 61.45% while Institutions and Non-Institutions held 6.83% and 31.72% respectively.

New Delhi Television (NDTV) and its subsidiary NDTV Convergence have signed preliminary, non-binding term sheets with certain potential investors for e-commerce ventures in the field of food, auto and gadgets. Further, the term sheets are non-binding and are subject to the parties agreeing upon and executing the definitive agreements which will include detailed terms and conditions in relation to the Proposed Transactions. Further, the Proposed Transactions will be subject to various conditions precedent to be specified in the definitive agreements including due diligence, receipt of requisite corporate authorisations/ approvals and regulatory approvals.

NDTV operates as a television media company in India and internationally. Its channels offer news and current affairs, lifestyle, entertainment, and youth programs, as well as family and realty shows, chat shows, and period dramas


New Delhi Television Share Price

234.25 -3.00 (-1.26%)
12-Jun-2024 16:01 View Price Chart
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