DQ Entertainment gains on entering into an agreement with Foothill Europe

DQ Entertainment (International) Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 533176 | NSE: DQE

15 Oct 2012 Evaluate

DQ Entertainment is currently trading at Rs. 21.00, up by 0.75 points or 3.70% from its previous closing of Rs. 20.25 on the NSE.

The scrip opened at Rs. 20.40 and has touched a high and low of Rs. 21.00 and Rs. 20.40 respectively. So far 1,087 shares were traded on the counter.

The NSE group stock of face value Rs. 10 has touched a 52 week high of Rs. 35.50 on 13-Oct-2011 and a 52 week low of Rs. 16.50 on 04-Sep-2012.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 9.63% and 15.37% respectively.

DQ Entertainment (DQE), the global entertainment company has entered into an agreement with London based Foothill Europe whereby both the parties have agreed to join forces to develop, co-produce and distribute the hilarious animated buddy comedy, Raz & Benny.

The multi-faceted agreement covers development, financing, production and distribution of the series as well as exploitation of the ancillary rights such as merchandising. The parties launched their efforts at MIPCOM with the debut of a promo produced by DQE. Besides, the two companies had series of strategy meetings during MIPCOM to further the financing and co-production arrangements.

DQE is one of the leading producers of animation, visual effects, game art and live action entertainment content for the global media and entertainment industry. DQE has a library of over 500 hours of international programs for distribution and licensing globally for TV, home entertainment, merchandising and publishing is on fast track.

Foothill specializes in the co-development and distribution of children’s and family entertainment programming.

DQ Entertain.(Inter) Share Price

1.03 0.00 (0.00%)

13-Dec-2021 18:01 View Price Chart

Peers

Company Name	CMP
PVR	949.25
Saregama India	465.75
Shemaroo Entertain.	134.00
Balaji Telefilms	89.79
UFO Moviez	73.08
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