DEN Networks share price was seen up by more than 6 per cent in today’s trading session.
DEN Networks is one of India's leading cable TV distribution company that has reached an estimated 13 million households in more than 200 cities across 13 major states in India and is present in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh and Uttarakhand. The Company has a leading presence across the economically important Hindi Speaking Markets (HSM) belt and it also has a leading market share in the cities that it operates in.
At 2.55 PM DEN Networks share price was trading at Rs 45.00 per share on NSE, up by 2.16 per cent or 0.95 points. The share opened at Rs 44.20 from the previous closing of Rs 44.05. The Lower Price Band on NSE is 35.25 while the Upper Price Band is 52.85. A total of 1,08,599 shares of the company have been traded so far on NSE for a total value of Rs 49.17 lacs.
DEN Networks made it to the top 500 stocks list of Dynamic Levels for this quarter. The top 500 stocks of Dynamic Levels are carefully picked by the research team of the company based on the high trading volume and the good fundamentals.
On 13th December 2016, the Multi System Operator Company announced that it had 140,000 broadband subscribers for the quarter ended 30th September 2016 (Q2 FY17), which is up from 57,000 subscribers in the same quarter of the previous year. During Q2 FY17, the operator added almost 25,000 new broadband subscribers. The company reported a digital cable subscriber base of 10.1 million for the quarter, up 32 per cent year on year (YoY) from 7.6 million connections. It also added some 300,000 digital cable subscribers during Q2 FY 17.
Get the historical share price performance of DEN Networks at DEN Networks share price history.
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