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Reliance MediaWorks shines on entering into Multi-Million Dollar Deal with Ethyrea Films

29 Apr 2013 Evaluate

Reliance MediaWorks is currently trading at Rs. 52.90, up by 0.60 points or 1.15% from its previous closing of Rs. 52.30 on the BSE.

The scrip opened at Rs. 54.90 and has touched a high and low of Rs. 54.90 and Rs. 51.60 respectively. So far 2, 23,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 103.80 on 03-Dec-2012 and a 52 week low of Rs. 44.65 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 54.10 and Rs. 49.00 respectively. The current market cap of the company is Rs. 244 crore.

The promoters holding in the company stood at 63.15% while Institutions and Non-Institutions held 0.18% and 36.67% respectively.

Reliance MediaWorks (RMW) has entered into nine million dollar visual effects co-production deal with Ethyrea Films. Reliance Group has been a contributor to blockbusters like Cowboys and Aliens, War Horse and the critically-acclaimed film, Lincoln. Ethyrea Films is excited to add RMW to its roster of talented VFX companies willing to contribute to the effects-driven independent franchise.

Reliance MediaWorks has a leading and comprehensive presence in Film and Media Services: Motion Picture Processing and DI; Film, Audio Restoration and Image Enhancement; 3D; Digital Mastering: Studios and Equipment rentals; Visual Effects; Animation; Broadcast and TVC Post Production with presence across India, USA and the UK.

Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
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