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DB Corp soars on the bourses

19 Nov 2018 Evaluate

DB Corp is currently trading at Rs. 182.50, up by 3.85 points or 2.16% from its previous closing of Rs. 178.65 on the BSE.

The scrip opened at Rs. 178.10 and has touched a high and low of Rs. 182.50 and Rs. 178.10 respectively. So far 564 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 389.00 on 10-Jan-2018 and a 52 week low of Rs. 152.85 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 184.00 and Rs. 167.50 respectively. The current market cap of the company is Rs. 3130.26 crore.

The promoters holding in the company stood at 71.63%, while Institutions and Non-Institutions held 19.62% and 8.75% respectively.

DB Corp’s radio division MY FM has increased its ad rates by 15 percent across key markets. The hike is effective November 15, 2018 backed by strong growth in listenership across its key markets including Ahmedabad, Chandigarh, Jaipur, Indore, Bhopal, Nagpur, Raipur, Surat, Nashik, Aurangabad and Rajkot.

DB Corp is one of the leading print media companies in India.

Peers
Company Name CMP
D.B. Corp 181.30
Jagran Prakashan 62.95
HT Media 24.55
Navneet Education 123.90
S Chand And Company 137.00
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