Nihar Info Global is currently trading at Rs 15.70, up by 0.74 points or 4.95% from its previous closing of Rs. 14.96 on the BSE.
The scrip opened at Rs. 15.70 and has touched a high and low of Rs. 15.70 and Rs. 15.70 respectively. So far 9529 shares were traded on the counter.
The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.95 on 12-Oct-2015 and a 52 week low of Rs. 12.50 on 18-Jul-2016.
Last one week high and low of the scrip stood at Rs. 15.70 and Rs. 14.25 respectively. The current market cap of the company is Rs. 7.85 crore.
The promoters holding in the company stood at 63.01%, while Non-Institutions held 36.99% stake.
Nihar Info Global has entered into a content provider agreement with Bharti Telemedia, New Delhi. This agreement will enable Nihar Info Global to monetize Telugu movies which it possesses or proposes to procure. The Licensee -- Bharti Telemedia is in the business of providing Direct To Home (DTH) satellite services to subscribers in India under the license granted by the Ministry of Information and Broadcasting, Government of India, whereby the licensor -- Nihar Info Global authorizes the licensee viz., Bharti Telemedia, New Delhi.
The agreement is to digitize the content to be loaded on the DTH platforms; to produce copies of the content, edit and digitally enhance the masters to optimize their quality for use on the DTH platforms; to save, store and host the content; to store, encode, decode the form and / or media of the content; to disseminate, distribute and market the content of the subscribers; to make pre-view promos/trailers or any other form that Licensee may deem fit, of the content for publicity / promotion and / or advertisement purposes and to distribute the content to the DTH subscriber through PVR Functionality enabled STB.
Nihar Info Global is India’s fast growing IT solutions and products company. It aims to provide the very best in bringing cost effective solutions with quality processes, good infrastructure and a committed people force.
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