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Jagran Prakashan gains with arm commencing broadcast from Bikaner radio station

02 Mar 2017 Evaluate

Jagran Prakashan is currently trading at Rs. 189.20, up by 2.35 points or 1.26% from its previous closing of Rs. 186.85 on the BSE.

The scrip opened at Rs. 188.90 and has touched a high and low of Rs. 191.80 and Rs. 188.50 respectively. So far 9,005 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. 191.80 and Rs. 182.00 respectively. The current market cap of the company is Rs. 6,279.00 crore.

The promoters holding in the company stood at 60.76%, while Institutions and Non-Institutions held 27.79% and 11.45% respectively.

Jagran Prakashan’s subsidiary - Music Broadcast has commenced broadcast from its Radio Station at Bikaner (which was acquired under Phase III auctions held last financial year). The frequency for Bikaner location is 91.1 F.M. Last month, the company had commenced broadcast from its radio station at Madhurai.

Jagran Prakashan has business interests in area of newspapers, outdoor, internet, magazines, below the line marketing solutions, and mobile value added services.


Peers
Company Name CMP
D.B. Corp 187.55
Jagran Prakashan 61.90
HT Media 23.94
Navneet Education 125.10
S Chand And Company 133.30
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