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Entertainment Network trades in green on the bourses

Entertainment Network (India) Ltd. | TV Broadcasting & Software Production | Media | BSE: 532700 | NSE: ENIL

23 Mar 2018 Evaluate

Entertainment Network (India) (ENIL) is currently trading at Rs. 695.00, up by 5.05 points or 0.73% from its previous closing of Rs. 689.95 on the BSE.

The scrip opened at Rs. 695.00 and has touched a high and low of Rs. 695.00 and Rs. 695.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1008.00 on 05-Jul-2017 and a 52 week low of Rs. 664.00 on 05-Feb-2018.

Last one week high and low of the scrip stood at Rs. 725.90 and Rs. 687.25 respectively. The current market cap of the company is Rs. 3,313.09 crore.

The promoters holding in the company stood at 71.15%, while Institutions and Non-Institutions held 19.22% and 9.62% respectively.

Entertainment Network (India) (ENIL) has entered into a non-binding memorandum of understanding (MOU) with TV Today Network (TVTNL), for the proposed acquisition of the Radio Business of TVTNL, comprising of 3 radio stations in New Delhi, Mumbai and Kolkata currently operated under the frequency 104.8 FM and ISHQ 104.8 FM brand name, as a going concern (by way of a slump sale).

The Committee of Directors of the board at a meeting held on March 16, 2018 took the note of it. The Committee noted that the Proposed Transaction will be consummated subject to confirmatory diligence, execution of definitive agreements between ENIL and TVTNL; receipt of all necessary regulatory approvals, including the approval of the MIB, permissions, sanctions as may be necessary.

ENIL is one of the leading entertainment and Media Company. The company operates in three segments: radio broadcasting segment, out-of-home media segment and experiential marketing segment. Radio broadcasting segment operates under the brand Radio Mirchi.

Entertain. Network Share Price

115.20 -1.87 (-1.60%)

17-Apr-2026 16:59 View Price Chart

Peers

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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Entertainment Network trades in green on the bourses

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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