Reliance Broadcast soars on Ramky Group joining hand with its radio arm 92.7 BIG FM

23 Aug 2011 Evaluate

Reliance Broadcast is currently trading at Rs. 81.05, up by 2.15 points or 2.72% from its previous closing of Rs. 78.90 on the BSE.

The scrip opened at Rs. 80.95 and has touched a high and low of Rs. 82.00 and Rs. 79.50 respectively. So far 18129 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 121.80 on 03-Sep-2010 and a 52 week low of Rs. 59.05 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs. 86.55 and Rs. 76.20 respectively. The current market cap of the company is Rs. 626.87 crore.

The promoters holding in the company stood at 63.87% while Institutions and Non-Institutions held 1.63% and 34.49% respectively. For the second time Hyderabad based Ramky Group has joined hands with 92.7 BIG FM, the radio arm of Reliance Broadcast Network to reinforce the importance of celebrating the festival in an environmental friendly fashion. BIG FM was the first radio station in the country to launch the environment friendly BIG Green Ganesha Campaign & is currently in its fourth year.

This unique campaign has been an overwhelming success over the last 3 years spreading awareness on simple environment friendly initiatives one can undertake during this festival. Now in its 4th year, the BIG Green Ganesha campaign has gained tremendous popularity among the masses and has become a synonym with ‘environment friendly celebrations’.

Ramky Enviro Engineers, (REEL) is India’s largest and Asia’s leading Waste Management, Recycling and Environment Engineering company, that works to protect and conserve the environment by disposing waste in an eco friendly and scientific manner. The Ramky Big Green Ganesha is 92.7 BIG FM’s endeavor for creating awareness during the Ganesh Chaturthi festival which has an immediate and spontaneous connect with the people in Mumbai and the rest of India. This was the main reason for RAMKY Group to get on the same platform with 92.7 BIG FM once more.

Reliance Broadcast Network Limited is a multi-media entertainment conglomerate with play across radio, television, intellectual properties, out of home and television production. It is part of the Reliance Group and specializes in creating and executing integrated media solutions for brands.

Peers
Company Name CMP
PVR 1341.65
Saregama India 552.45
Eros Internatl.Media 19.36
Shemaroo Entertain. 144.75
Balaji Telefilms 68.37
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