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Jagran Prakashan gains despite weakness over Dalal Street

05 Mar 2021 Evaluate

Jagran Prakashan is currently trading at Rs. 56.90, up by 0.25 points or 0.44% from its previous closing of Rs. 56.65 on the BSE.

The scrip opened at Rs. 57.05 and has touched a high and low of Rs. 59.50 and Rs. 56.45 respectively. So far 62112 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 67.70 on 01-Mar-2021 and a 52 week low of Rs. 29.55 on 09-Oct-2020.

Last one week high and low of the scrip stood at Rs. 67.70 and Rs. 54.45 respectively. The current market cap of the company is Rs. 1607.06 crore.

The promoters holding in the company stood at 65.07%, while Institutions and Non-Institutions held 18.87% and 16.06% respectively.

Jagran Prakashan’s board has approved buying back shares worth up to Rs 118 crore. As per the company, the indicative number of shares proposed to be bought back would be 1,96,66,666, representing 6.99 per cent stake.

Jagran Prakashan has business interests in area of newspapers, outdoor, internet, magazines, below the line marketing solutions, and mobile value added services.

Peers
Company Name CMP
D.B. Corp 187.55
Jagran Prakashan 61.90
HT Media 23.94
Navneet Education 125.10
S Chand And Company 133.30
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