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Reliance Broadcast trades higher on the bourses

Reliance Broadcast Network Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 533143 | NSE: RBN

22 Aug 2012 Evaluate

Reliance Broadcast Network (RBNL) is currently trading at Rs. 56.00, up by 0.85 points or 1.54% from its previous closing of Rs. 55.15 on the BSE.

The scrip opened at Rs. 56.10 and has touched a high and low of Rs. 56.95 and Rs. 54.95 respectively. So far 39366 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 92.00 on 08-Sep-2011 and a 52 week low of Rs. 35.50 on 10-Aug-2012.

Last one week high and low of the scrip stood at Rs. 56.95 and Rs. 45.25 respectively. The current market cap of the company is Rs. 444.93 crore.

The promoters holding in the company stood at 66.63% while Institutions and Non-Institutions held 2.66% and 30.71% respectively.

Reliance Broadcast Network (RBNL) and CBS Studios International’s joint venture (JV) - Big CBS Network, is bringing the latest version of ‘The X Factor’ to India. Big CBS Network’s next big acquisition from Fremantle - the latest season of The X Factor, will air concurrent to the United States. The show will be broadcast across BIG CBS's 3 Channels - PRIME, LOVE and SPARK beginning September 14 and then every Friday and Saturday at 9pm in India.

To ensure optimal reach, BIG CBS Network has planned an extensive marketing plan for the show. The network will engage in a multimedia holistic marketing campaign across multiple touch points ranging radio, television, out of home media and social media to promote the show.

Reliance Broadcast Network has a multi media play in the spaces of radio, television, intellectual property, out of home and television products and specializes in creating and executing integrated solutions for clients, across the country.

Reliance Broadcast Share Price

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Peers

Company Name	CMP
PVR	938.05
Saregama India	344.55
Shemaroo Entertain.	105.35
Balaji Telefilms	94.39
UFO Moviez	72.06
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