Jagran Prakashan is currently trading at Rs. 103.85, up by 2.75 points or 2.72% from its previous closing of Rs. 101.10 on the BSE.
The scrip opened at Rs. 101.60 and has touched a high and low of Rs. 103.90 and Rs. 101.10 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 114.90 and a 52 week low of Rs. 78.00.
Last one week high and low of the scrip stood at Rs. 103.95 and Rs. 100.00 respectively. The current market cap of the company is Rs. 3,2884.00 crore.
The promoters holding in the company stood at 59.72% while Institutions and Non-Institutions held 27.74% and 12.54% respectively.
Jagran Prakashan has allotted 1,500 Secured Redeemable Non-Convertible Privately Placed Debentures (NCDs) of face value of Rs. 10, 00,000 each, aggregating to Rs 150 crore to the subscribers.
The Company has repaid its short term high interest debt taken from Deutsche Bank AG, New Delhi and has also reduced its working capital availability, as a result of which there is no change in Company's gross and net debt.
Jagran Prakashan has business interests in area of newspapers, outdoor, internet, magazines, below the line marketing solutions, and mobile value added services. The company publishes Dainik Jagran, a Hindi daily newspaper.
