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HT Media advances on getting nod to invest Rs 400 crore in wholly owned subsidiary

07 Jun 2018 Evaluate

HT Media is currently trading at Rs. 79.35, up by 1.50 points or 1.93% from its previous closing of Rs. 77.85 on the BSE.

The scrip opened at Rs. 79.00 and has touched a high and low of Rs. 80.50 and Rs. 78.70 respectively. So far 8869 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 118.50 on 15-Jan-2018 and a 52 week low of Rs. 75.30 on 05-Jun-2018.

Last one week high and low of the scrip stood at Rs. 82.90 and Rs. 75.30 respectively. The current market cap of the company is Rs. 1844.53 crore.

The promoters holding in the company stood at 69.51%, while Institutions and Non-Institutions held 17.66% and 12.83% respectively.

HT Media has received an approval to invest an amount up to Rs 400 crore in one or more tranches, in its wholly owned subsidiary company namely, HT Music and Entertainment Company to fund expansion/ growth opportunities in its FM Radio business vertical. The Board of Directors of the company at its meeting held on June 06, 2018, approved the same.

HT Media is engaged in printing and publishing of newspapers. The company’s segments include Printing & Publishing; Radio Broadcast & Entertainment, and Digital.

HT Media Share Price

23.09 0.09 (0.39%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 210.55
Navneet Education 134.85
Jagran Prakashan 67.27
HT Media 23.09
Hindustan Media Vent 67.79
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