Jump Networks is currently trading at Rs. 53.45, up by 1.25 points or 2.39% from its previous closing of Rs. 52.20 on the BSE.
The scrip opened at Rs. 53.50 and has touched a high and low of Rs. 53.80 and Rs. 50.00 respectively. So far 81383 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 76.55 on 27-Nov-2019 and a 52 week low of Rs. 33.30 on 15-Mar-2019.
Last one week high and low of the scrip stood at Rs. 56.70 and Rs. 49.20 respectively. The current market cap of the company is Rs. 521.80 crore.
The promoters holding in the company stood at 1.84%, while Institutions and Non-Institutions held 5.30% and 92.86% respectively.
Jump Networks (JUMPNET) has entered into a Memorandum of Understanding (MoU) with Scope Infra (SCOPE) for a Proof of Concept (PoC) study of 'CableCloud' - JUMPNET's proprietary cloud-based Software-as-a-Service (SaaS) platform for streaming of internet protocol television (IPTV) and entertainment on demand. On successful completion of the PoC, the parties shall enter into a definitive agreement for rolling out the services across India.
Jump Networks operates in the media and entertainment sector in India. It engages in producing, distributing, broadcasting, marketing, and recording television programs; and informing and entertaining through the medium of television.
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