SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Den Network trades jubilantly on the bourses

21 Mar 2016 Evaluate

Den Networks is currently trading at Rs. 90.20, up by 3.55 points or 4.10% from its previous closing of Rs. 86.65 on the BSE.

The scrip opened at Rs. 88.75 and has touched a high and low of Rs. 90.25 and Rs. 88.30 respectively. So far 26157 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.00 on 20-Jul-2015 and a 52 week low of Rs. 60.50 on 15-Feb-2016.

Last one week high and low of the scrip stood at Rs. 99.70 and Rs. 82.15 respectively. The current market cap of the company is Rs. 1585.98 crore.

The promoters holding in the company stood at 40.05% while Institutions and Non-Institutions held 46.45% and 13.51% respectively.

Den Network has entered into a Share Purchase Agreement (SPA) on March 16, 2016 with Star India and Star Den for selling off its entire 50% equity stake held in Star Den for a consideration of Rs 40.35 crore. Upon completion of the said share transfer to Star India, Den shall cease to be a shareholder in Star Den and the joint venture agreement executed among the parties shall stand terminated.

Star Den is a Joint Venture Company (JVC) between Star India and Den, wherein both parties hold equal shareholding. The joint Venture agreement was executed on January 14, 2008 and was restated on May 26. 2011.

Den Networks is India’s leading cable TV Distribution Company reaching an estimated 13 million households in over 200 cities. The company has been one of the frontrunners in the cable TV digitization process and has over 5.7 million digital cable subscribers. DEN is present in 13 key states across India.

Den Networks Share Price

29.23 0.40 (1.39%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×