Lycos Internet is currently trading at Rs. 5.40, up by 0.25 points or 4.85% from its previous closing of Rs. 5.15 on the BSE.
The scrip opened at Rs. 4.92 and has touched a high and low of Rs. 5.40 and Rs. 4.90 respectively. So far 232978 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 10.53 on 12-Jun-2017 and a 52 week low of Rs. 4.05 on 27-Mar-2018.
Last one week high and low of the scrip stood at Rs. 5.90 and Rs. 4.90 respectively. The current market cap of the company is Rs. 257.18 crore.
The promoters holding in the company stood at 39.11%, while Institutions and Non-Institutions held 18.16% and 42.73% respectively.
LYCOS has appointed Ernst & Young (E&Y) as its Internal Auditor. E&Y will help the company achieve trusted corporate governance and reporting. Ernst & Young will help the company with a holistic view to improve the effectiveness of risk management, control, and governance.
Further, LYCOS has co-branded Lycos Sports app with a Canadian partner – Breaking Data. Further, LYCOS went live with its web publish platform ‘LYCOS Publish’ and launched an automated EPP request system to control customer domains under ‘LYCOS Domains’.
Besides, the advertising division ‘Brightcom – Powered by LYCOS’ has invested on improving programmatic technology for better ad supply, delivery and tracking. The brand has been a consistent topper in the Pixalate Video Seller Trust Index. Pixalate is the leading global platform for transparency in programmatic advertising. Pixalate monitors hundreds of billions of ad events in real time to benchmark supply quality, and eliminate fraud.
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