Perfect-Octave gains on overwhelming response for its music channel

08 Nov 2013 Evaluate

Perfect-Octave Media Projects is currently trading at Rs. 17.75, up by 0.85 points or 5.03 % from its previous closing of Rs. 16.90 on the BSE.

The scrip opened at Rs. 16.80 and has touched a high and low of Rs. 17.80 and Rs. 15.90 respectively. So far 16233 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 21.00 on 19-Sep-2013 and a 52 week low of Rs. 7.28 on 10-Dec-2012.

Last one week high and low of the scrip stood at Rs. 18.50 and Rs. 16.20 respectively. The current market cap of the company is Rs. 60.37 crore.

The promoters holding in the company stood at 41.01 % while Institutions and Non-Institutions held 3.86 % and 55.13 % respectively.

Perfect-Octave Media Projects’ first ever 24 X 7 TV classical music based channel launched by the company on August 15, 2013 is receiving tremendous response from the music lovers across the country and also from International music connoisseurs. It is now available on almost all major digital cable service providers like Digi Cable, DEN, Hathway, In Cable, 7 Star and many more across the country. The channel is reaching almost 6 to 7 million households as of today.

The company already possesses 300 hours of content library and arguably has already become the largest library of quality Indian Classical Music based content on video format. The journey has just begun and it proposes to create/own thousands of hours of such content.

The company has recently created another 75 hours of HD video content from different genre of music like Indian Classical Music, Sufi, Ghazal, Dances etc. Along with many other artists, the legendary artists recorded in this season are Pt Shivkumar Sharma, Pt Hariprasad Chaurasia, Ustad Rashid Khan, Taufiq Qureshi, Yogesh Samsi, Niladri Kumar, Ustad Shahid Parwez and many more.

Perfect-Octave Media Projects is engaged in the entertainment and media industry in India. It provides various event management related services, including event concepts and designs, audio-video production, communication materials, multimedia set up, and designing services

Perfect-Octave Media Share Price

2.33 0.00 (0.00%)
18-May-2024 10:00 View Price Chart
Peers
Company Name CMP
Zee Entertainment 140.70
Sun TV Network 674.90
GTPL Hathway 173.35
TV18 Broadcast 42.80
Den Networks 51.11
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