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Siti Networks surges on getting nod to acquire stake in E-Net Entertainment

16 Sep 2020 Evaluate

Siti Networks is currently trading at Rs. 1.74, up by 0.02 points or 1.16% from its previous closing of Rs. 1.72 on the BSE.

The scrip opened at Rs. 1.73 and has touched a high and low of Rs. 1.80 and Rs. 1.69 respectively. So far 121130 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 2.75 on 28-May-2020 and a 52 week low of Rs. 0.53 on 01-Apr-2020.

Last one week high and low of the scrip stood at Rs. 1.95 and Rs. 1.69 respectively. The current market cap of the company is Rs. 151.74 crore.

The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 15.84% and 29.46% respectively.

Siti Networks has received approval for acquisition of 51% equity stake in E-Net Entertainment, through the wholly owned subsidiary company of the Company namely ‘Siti Broadband Service’. The Board of Directors of the Company at their meeting held on September 15, 2020 has approved the same.

Siti Cable Network is engaged in the business of distribution of television channels through analogue and digital cable distribution network, primary Internet and allied services.

Siti Networks Share Price

0.49 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
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