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Siti Network zooms on getting nod to acquire 76% stake in Meghbela Infitel Cable

26 Mar 2021 Evaluate

Siti Network is currently trading at Rs. 0.87, up by 0.04 points or 4.82% from its previous closing of Rs. 0.83 on the BSE.

The scrip opened at Rs. 0.83 and has touched a high and low of Rs. 0.87 and Rs. 0.83 respectively. So far 5147134 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. 0.50 on 11-Nov-2020.

Last one week high and low of the scrip stood at Rs. 0.92 and Rs. 0.82 respectively. The current market cap of the company is Rs. 75.87 crore.

The promoters holding in the company stood at 7.31%, while Institutions and Non-Institutions held 16.45% and 76.24% respectively.

Siti Network has received approval from board of directors for acquisition of 76% equity stake in the paid-up Equity Share Capital of Meghbela Infitel Cable & Broadband through its material subsidiary company namely Indian Cable Net Company.

Siti 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%)
21-Apr-2026 11:05 View Price Chart
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