Den Networks is currently trading at Rs. 73.40, up by 5.15 points or 7.55% from its previous closing of Rs. 68.25 on the BSE.
The scrip opened at Rs. 72.00 and has touched a high and low of Rs. 74.45 and Rs. 70.25 respectively. So far 20506 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 149.55 on 15-Jan-2018 and a 52 week low of Rs. 45.10 on 23-Jul-2018.
Last one week high and low of the scrip stood at Rs. 74.45 and Rs. 59.15 respectively. The current market cap of the company is Rs. 1436.99 crore.
The promoters holding in the company stood at 36.45%, while Institutions and Non-Institutions held 45.86% and 17.68% respectively.
Den Networks is planning to raise funds inter alia by issuance of equity shares through one or more methods including further public issue / ADR / GDR / qualified institutions placement / preferential issue. The meeting of the Board of Directors of the company is scheduled to be held on October 17, 2018, to consider the same.
Den Networks is India’s leading MSO engaged in the business of Cable TV, Broadband and OTT (Over-the-Top) content.
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