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Compact Disc surges as its promoter decides to hike stake in the company

09 Apr 2013 Evaluate

Compact Disc India is currently trading at Rs. 7.75, up by 0.20 points or 2.65% from its previous closing of Rs. 7.55 on the BSE.

The scrip opened at Rs. 7.44 and has touched a high and low of Rs. 8.00 and Rs. 7.44 respectively. So far 7801 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.55 on 27-Sep-2012 and a 52 week low of Rs. 7.16 on 05-Apr-2013.

Last one week high and low of the scrip stood at Rs. 10.50 and Rs. 7.16 respectively. The current market cap of the company is Rs. 9.95 crore.

The promoters holding in the company stood at 19.43% while Institutions and Non-Institutions held 0.02% and 80.55% respectively.

Compact Disc India’s promoter has decided to purchase 10,00,000 equity shares of the company from the open market. The promoters’ share holding in the company as on March 31, 2013 stood at 24.70%.

Recently, the company’s promoter group company - Parisocpe Financial Advisors, purchased 672,240 equity shares of the company.  Compact Disc India is engaged in multimedia and entertainment production in India and has extensive expertise in creation, distribution and management of contents for media and entertainment sector with its strong presence in India, Malaysia and Singapore.

Peers
Company Name CMP
PVR 930.05
Saregama India 343.20
Shemaroo Entertain. 107.04
Balaji Telefilms 95.17
UFO Moviez 73.28
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