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Reliance MediaWorks gains on inking pact with Japan’s TV Asahi

Reliance Mediaworks Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 532399 | NSE: RELMEDIA

21 Feb 2012 Evaluate

Reliance MediaWorks is currently trading at Rs. 90.50, up by 2.05 points or 2.32% from its previous closing of Rs. 88.45 on the BSE.

The scrip opened at Rs. 89.30 and has touched a high and low of Rs. 92.00 and Rs. 89.30 respectively. So far 23,025 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 189.00 on 06-Apr-2011 and a 52 week low of Rs. 66.10 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 92.70 and Rs. 82.25 respectively. The current market cap of the company is Rs. 417.00 crore.

The promoters holding in the company stood at 63.15% while Institutions and Non-Institutions held 0.48% and 36.37% respectively.

Reliance MediaWorks (RMW), Anil Ambani-controlled Reliance Group firm has tied up with TV Asahi, Japan’s leading broadcaster to produce new episodes of Ninja Hattori, the comedy action animation series. The Japanese firm’s arm Shin-ei Animation has outsourced production of 26 episodes of Ninja Hattori to RMW.

A team of 100 animators at the Reliance MediaWorks’ animation studio in collaboration with Shin-ei’s experienced team of writers and directors are creating the new Ninja Hattori episodes in 2D-HD through a digitally mastered process. The new episodes will premiere on air on Nick India from May.

Ninja Hattori has been a very popular children's show since its launch on channel Nick India in August 2006.

Reliance Mediaworks is India's fastest growing film and entertainment Services Company and a member of the Reliance Group. It has three main businesses - a theatre distribution operation under BIG Cinemas, a TV production unit under BIG Synergy, and a film and media services segment.

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Reliance MediaWorks gains on inking pact with Japan’s TV Asahi

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