Quint Digital Media zooms after its arm acquires 25.97% stake in Quintillion Business Media
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Quint Digital Media is currently trading at Rs. 100.45, up by 3.05 points or 3.13% from its previous closing of Rs. 97.40 on the BSE.
The scrip opened at Rs. 103.80 and has touched a high and low of Rs. 105.00 and Rs. 97.25 respectively. So far 409420 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 350.93 on 04-Mar-2022 and a 52 week low of Rs. 79.70 on 06-Feb-2023.
Last one week high and low of the scrip stood at Rs. 126.00 and Rs. 79.70 respectively. The current market cap of the company is Rs. 462.65 crore.
The promoters holding in the company stood at 57.18%, while Institutions and Non-Institutions held 9.45% and 33.36% respectively.
Quint Digital Media’s wholly owned material subsidiary -- Quintillion Media (QML) has acquired 25.97% stake in Quintillion Business Media (QBML) from Bloomberg L P. Pursuant to completion of the said acquisition, QBML has become a wholly owned subsidiary of QML.
Quint Digital Media is primarily engaged in the business of running websites through web, digital or mobile media and which may include various information including current affairs, lifestyle, entertainment etc.
