Hindustan Media Ventures surges on incorporating wholly owned subsidiary

12 Feb 2020 Evaluate

Hindustan Media Ventures is currently trading at Rs. 75.50, up by 2.10 points or 2.86% from its previous closing of Rs. 73.40 on the BSE.

The scrip opened at Rs. 73.00 and has touched a high and low of Rs. 75.50 and Rs. 73.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.00 on 18-Mar-2019 and a 52 week low of Rs. 61.00 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 75.75 and Rs. 73.00 respectively. The current market cap of the company is Rs. 556.22 crore.

The promoters holding in the company stood at 74.40% while Institutions and Non-Institutions held 15.52% and 10.08% respectively.

Hindustan Media Ventures (HMVL) has incorporated a wholly-owned subsidiary company namely, ‘HT Noida’ on February 11, 2020. HT Noida incorporated as a wholly-owned subsidiary of HMVL, to invest in an office space for captive use and carrying out business of renting of property.

Hindustan Media Ventures is one of the leading print media companies in India in terms of readership.

Hindustan Media Vent Share Price

108.35 -4.50 (-3.99%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
D.B. Corp 261.00
Navneet Education 137.75
Jagran Prakashan 102.40
HT Media 26.50
Hindustan Media Vent 108.35
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