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Wednesday, January 4, 2017

Den Networks Share Price Surges on Good Q2 Results


Cable television services firm Den Networks reported a consolidated net loss of Rs 47.87 cr for the quarter ended September (Q2). The company had reported a consolidated net loss of Rs 75.23 cr in the July-September period of the last fiscal.
Its total income from operations during the quarter under review edged higher to Rs 272.44 cr as compared to Rs 271.29 cr in the year-ago period, Den Networks said in a BSE filing.
Meanwhile, Den Networks share price opened at Rs 67 apiece on the NSE and surged almost 6 per cent intraday. At 10:06 am, the day’s high stood at Rs 72.45 while the day’s low read at Rs 66.05.

Important Fundamentals:

Sector
MEDIA-ENTERTAINMENT
Face Value (Rs.)
10
52 Week High (Rs.)
113.80 (04-Jan-16)
52 Week Low (Rs.)
59.60 (30-Nov-16)
Life Time high (Rs.)
254.40 (06-Aug-10)
Life Time low (Rs.)
35.10 (19-Aug-11)
Average Daily Movement [ADM]
4.08
Average Volume [20 days]
500827
1 Month Return (per cent)
5.67
Book Value
75.76
Market Cap
1299.97 (Cr)
per cent of Promoter holding pledged
7.71
Den Networks Limited key Products/Revenue Segments include Media Entertainment which contributed Rs 971.26 Cr to Sales Value (91.62 per cent of Total Sales) and Other Operating Revenue which contributed Rs 88.82 Cr to Sales Value (8.37 per cent of Total Sales) for the year ending 31-Mar-2016.



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