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NDTV gains as its new e-commerce venture raises funds at a valuation of $12 million

31 Dec 2015 Evaluate

New Delhi Television is currently trading at Rs 85.60, up by 1.10 points or 1.30% from its previous closing of Rs. 84.50 on the BSE.

The scrip opened at Rs 85.40 and has touched a high and low of Rs 86.50 and Rs 85.40 respectively. So far 16172 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 74.50 on 10-Dec-2015.

Last one week high and low of the scrip stood at Rs 88.35 and Rs 81.75 respectively. The current market cap of the company is Rs 551.23 crore.

The promoters holding in the company stood at 61.45% while Institutions and Non-Institutions held 6.41% and 32.14% respectively.

NDTV has closed funding for a new e-commerce venture smartcooky.com, a platform that will sell healthy foods and personal care products from across the country through its subsidiary- Smartcooky Internet.

Smartcooky.com is based on NDTV’s current food site - food.ndtv.com which has “almost 3 million unique visitors a month.” SmartCooky Internet has raised funds at a valuation of $12 million from multiple investors.

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

78.37 0.00 (0.00%)
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