Den Networks is currently trading at Rs 92.50, up by 2.95 points or 3.29% from its previous closing of Rs 89.55 on the BSE.
The scrip opened at Rs. 90.65 and has touched a high and low of Rs. 94.70 and Rs. 90.25 respectively. So far 33462 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. 92.45 and Rs. 87.10 respectively. The current market cap of the company is Rs. 1648.35 crore.
The promoters holding in the company stood at 40.05%, while Institutions and Non-Institutions held 45.99% and 13.96% respectively.
Den Networks has entered into an agreement with Jasper Infotech to increase equity stake in Macro Commerce. The increase in equity stake includes by way of subscribing and purchasing equity shares in Macro Commerce for Rs 6 crore. The company currently holds 32.87% stake in Macro Commerce and post the acquisition it will increase to 82.87%.
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.
| Company Name | CMP |
|---|---|
| Zee Entertainment | 81.06 |
| Sun TV Network | 641.25 |
| GTPL Hathway | 69.83 |
| Network 18 Media Inv | 36.38 |
| TV Today Network | 114.27 |
| View more.. | |
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