Network 18 Media & Investment is currently trading at Rs. 31.10, up by 3.40 points or 12.27% from its previous closing of Rs. 27.70 on the BSE.
The scrip opened at Rs. 29.15 and has touched a high and low of Rs. 31.70 and Rs. 28.45 respectively. So far 485345 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 42.40 on 31-Dec-2018 and a 52 week low of Rs. 18.00 on 22-Aug-2019.
Last one week high and low of the scrip stood at Rs. 31.70 and Rs. 23.40 respectively. The current market cap of the company is Rs. 3224.60 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 5.44% and 19.56% respectively.
Sony Corp is reportedly in talks to acquire stake in Network 18 Media & Investments, promoted by Mukesh Ambani owned-Reliance Industries (RIL), in a bid to tap the booming demand for content in India. The Japanese giant is reviewing various deal structures, comprising a bid for the company or a merger of Sony's Indian business with Network18's entertainment channels.
Network 18 Media & Investments leading full play media conglomerates with presence in television, print, internet, filmed entertainment, and mobile content and allied businesses.
Company Name | CMP |
---|---|
Zee Entertainment | 122.50 |
Sun TV Network | 652.95 |
GTPL Hathway | 121.95 |
Network 18 Media Inv | 57.19 |
Den Networks | 38.94 |
View more.. |