Lycos trades with traction on the BSE

26 Jun 2015 Evaluate

Lycos Internet is currently trading at Rs. 37.20, up by 0.30 points or 0.81% from its previous closing of Rs. 36.90 on the BSE.

The scrip opened at Rs. 36.90 and has touched a high and low of Rs. 38.50 and Rs. 36.20 respectively. So far 53869 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 68.90 on 24-Sep-2014 and a 52 week low of Rs. 17.50 on 09-Jul-2014.

Last one week high and low of the scrip stood at Rs. 39.75 and Rs. 35.10 respectively. The current market cap of the company is Rs. 1776.42 crore.

The promoters holding in the company stood at 39.20% while Institutions and Non-Institutions held 20.47% and 40.33% respectively.

Lycos Internet is developing a unique feature to its Smart Band and App that will alert and detect loved ones when people fall or have unusual movements. Starting on June 27th, a special Purple Band and Ring will be sold to support the Epilepsy Foundation by sharing a percentage of its LYCOS Life range of product sales.

The company has engineered a unique way to integrate a special alert & detection functions into all of its bands. The company plans to offer this technology starting in the fall and all current bands will also be able to utilize this functionality with a simple software upgrade.

Lycos is one of the original and most widely known Internet brands in the world, evolving from one of the first search engines on the web, into a comprehensive digital media destination for consumers across the world.

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