Top Story

e4m_logo.png

Home >> International >> Article

Media scrips see 16.3% rise in market capitalisation

12-December-2000
Font Size   16
Share
Media scrips see 16.3% rise in market capitalisation

Total volume and turnover also doubled during the period. The market capitalisation of information, communication and entertainment sector stocks rose by 11.65 per cent to Rs 2,65,388 crore. Media major Zee Telefilms, which have been witnessing dumping in the past few months, also gained during the period. The counter witnessed a 15.6 per cent rise in market capitalisation in the last seven trading sessions to close today at Rs 322.75. Total turnover jumped 45 per cent to Rs 208.99 crore during the seven-day period.

The share price of television content provider Balaji Telefilms, which made its debut on the stock markets at Rs 153.45 (issue price Rs 130) on November 22, more than doubled since then. The scrip gained 40 per cent to close at Rs 311.50 today.

Padmalaya Telefilms, which made a public offer in June at a premium of Rs 90 per share, touched a low of Rs 72 on November 28. However, it bounced back and closed today at Rs 121.55. Mukta Arts, a film production company promoted by Subhash Ghai, surged 26 per cent in the past seven trading sessions to close today at Rs 282.85.

Tags

Karthik Raman, Chief Marketing Officer, IDBI Federal Life Insurance, on the brand’s unconventional approach to marketing and priorities for the next year

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

FoxyMoron has bagged the digital mandate for one of India’s leading premium menswear fashion brands – Blackberrys. The business was won following a multi-agency pitch

As 2017 almost comes to a close, Ashish Bhasin of DAN crystal gazes at who will win and who will lose in 2018

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends