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Reliance Broadcast Network spurts on the bourses

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

06 Mar 2012 Evaluate

Reliance Broadcast Network is currently trading at Rs. 58.00, up by 1.35 points or 2.38% from its previous closing of Rs. 56.65 on the BSE.

The scrip opened at Rs. 57.80 and has touched a high and low of Rs. 59.10 and Rs. 56.20 respectively. So far 108343 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. 59.75 and Rs. 52.05 respectively. The current market cap of the company is Rs. 462.80 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 (RBNL) and CBS studios International’s JV company-BIG CBS Networks has launched its third home grown property 'I Love Style', to be aired exclusively on BIG CBS Love. The show lives up to its name and is designed to feature everything around 'living in style'.

From products to experiences, the show will talk about all the things desired by those who appreciate luxury. I Love Style will feature the current trends in the international and Indian high fashion and luxury space. The channel, already boasts of an excellent reach to relevant women audiences - who are upwardly mobile, economically independent, have finer things in life and live life in style. The products featured on the show include clothing, decor, hair and make-up, jewellery, watches, accessories, high end cars, luxury hotels and resorts and a lot more.

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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Reliance Broadcast Network spurts on the bourses

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