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New Delhi Television is currently trading at Rs. 223.45, up by 2.45 points or 1.11% from its previous closing of Rs. 221.00 on the BSE. The scrip opened at Rs. 220.85 and has touched a high and low of Rs. 228.00 and Rs. 220.85 respectively. So far 23229 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 567.85 on 06-Sep-2022 and a 52 week low of Rs. 167.05 on 29-Mar-2023. Last one week high and low of the scrip sto...
NDTV trades higher on getting nod for four new channels
India's Zee Entertainment Enterprises on Thursday reported its first quarterly loss in three years, as advertisers tightened their marketing budgets and expenses shot up. Zee posted a consolidated net loss of 1.96 billion rupees ($23.7 million) for the fourth quarter ended March 31, against a profit of 1.82 billion rupees a year ago, a regulatory filing showed. The company's total income fell 9.9% to 21.26 billion rupees, while expenses jumped nearly 10%. Indian broadca...
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs
Shares of Indian news broadcaster New Delhi Television Ltd rose over 4% on Monday after founders Prannoy Roy and Radhika Roy said they would transfer their 27.26% stake in the company to the Adani Group.
India`s NDTV shares rise after founders sell stake to Adani
Indian billionaire Gautam Adani will control 64.71% of New Delhi Television Ltd as the company's founders have decided to sell most of their shares, four months after he launched a takeover of the news network. Adani already held 37% of NDTV after an open offer and an acquisition of a company owned by founders Radhika and Prannoy Roy, despite several unsuccessful attempts by NDTV to block the takeover citing regulatory restrictions on moving shares. The husband-and-wife team will se...
Billionaire Adani to control nearly 65% of NDTV as founders sell stake
The shares of television channel company New Delhi Television Ltd (NDTV) on Wednesday hit the upper circuit at the bourses with the change of guard at the promoter's holding company RRPR Holding Private Ltd. At the BSE, the NDTV scrip opened at Rs 447.70 (upper limit) after closing at Rs 426.40 on Tuesday. With the Adani group acquiring 99.5 per cent stake in RRPR Holding, the latter's original promoters Prannoy Roy and Radhika Roy resigned as Directors, the NDTV said on Tuesday...
NDTV scrip hits upper limit after change of guard at promoter company
In a dramatic late night development on Tuesday, the new NDTV board approved the resignations of Prannoy Roy and Radhika Roy as directors of RRPR Holding Private Ltd (RRPR), the promoter group vehicle of New Delhi Television Ltd (NDTV). This means that the existing and longstanding promoters and management of NDTV has exited the company. The Adani group takeover is thus complete. The board also appointed Sanjay Pugalia and Senthil Chengalvarayan as directors on RRPRH board with immediat...
New NDTV board approves Prannoy Roy & Radhika Roy's resignation as RRPR directors
Shares of television channel takeover target company New Delhi Television Ltd (NDTV) hit the BSE upper circuit on Wednesday. The scrip had hit the upper circuit on Tuesday at Rs 384.10 on and opened at Rs 403.30 on Wednesday which was also the upper price band. The scrip had touched the 52 week high of Rs 567.85 and low of Rs 75.55. NDTV shares went up following the nod given by the Securities and Exchange Board of India (SEBI) to the Adani Group to float the open offer for 26 per ce...
Adani takeover target NDTV scrip hits upper circuit
The shares of Adani group's takeover target satellite channel company New Delhi Television Ltd (NDTV) continued to hit the upward circuit on Monday with the price touching Rs 540.85. The 52-week low price for the scrip was Rs 72. Meanwhile, credit rating agency CARE Ratings has placed ratings assigned to NDTV's bank facilities on credit watch with developing implications following takeover decision by the Adani group. NDTV, which had postponed its 34th annual general meeting ...
CARE Ratings places NDTV's bank facilities on 'credit watch', shares gallop
New Delhi Television is currently trading at its upper circuit limit of Rs. 79.80, up by 3.80 points or 5.00% from its previous closing of Rs. 76.00 on the BSE. The scrip opened at Rs. 79.80 and has touched a high and low of Rs. 79.80 and Rs. 79.80 respectively. So far 5900 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 4 has touched a 52 week high of Rs. 106.20 on 24-Sep-2021 and a 52 week low of Rs. 36.65 on 22-Dec-2020. Last one week high and ...
NDTV touches roof as its digital media business enters into 10 year deal Taboola
Media company NDTVs shares are flying on the bourses amid speculation that the entity may be the target of Adani Group that is looking to enter the media business through acquisition. The company shares on BSE flew in the morning hours of trade to hit the 10 per cent circuit levels. On BSE the stick traded at Rs 79.65, up 9.94 per cent as of 1.07 p.m. Reports have suggested that Adani Group is looking at Delhi based media companies for its foray and NDTV may be a potential candidate. Ho...
NDTV stock leaps amid Adani takeover speculation
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