Jagran Prakashan is currently trading at Rs. 168.65, up by 0.90 points or 0.54% from its previous closing of Rs. 167.75 on the BSE.
The scrip opened at Rs. 169.40 and has touched a high and low of Rs. 171.00 and Rs. 168.10 respectively. So far 6794 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 213.00 on 08-Sep-2016 and a 52 week low of Rs. 144.00 on 18-Mar-2016.
Last one week high and low of the scrip stood at Rs. 178.35 and Rs. 166.30 respectively. The current market cap of the company is Rs. 5513.37 crore.
The promoters holding in the company stood at 60.76%, while institutions and non-institutions held 28.28% and 10.96% respectively.
Jagran Prakashan has received an approval to redeem 2,900 unlisted unsecured Non-Convertible Debentures (NCDs) of Rs 1 lakh each aggregating to Rs 29 crore, held by Jagran Media Network Investment, holding company of Jagran Prakashan, along with redemption premium at coupon rate of 6.5% per annum. The board of directors at its meeting held on December 14, 2016 has approved for the same.
Jagran Prakashan has business interests in area of newspapers, outdoor, internet, magazines, below the line marketing solutions, and mobile value added services.
