Media stocks put up a good show

DSIJ Intelligence / 21 Aug 2017

Media stocks put up a good show

With Mukta Arts leading the pack with an increase of over 12%, the media and entertainment stocks were putting up a good show during Monday’s trade.

With Mukta Arts leading the pack with an increase of over 12%, the media and entertainment stocks were putting up a good show during Monday’s trade. Mukta Arts was trading at Rs 96.80 per share, up by Rs 10.90 or 12.69% as at 1233 hours on Monday, on the BSE. 
 
The stock witnessed a spurt in volume by more than 4.79 times and attracted a traded volume of 5,93,492 shares and traded value of Rs 554.26 lakhs on the NSE. The board meeting of the company is scheduled to be held on August 30, 2017. HT Media was also hitting a high with the stock trading by over 7%. It was trading at Rs 93.25, up by Rs 6.45 or 7.43%. The stock witnessed an increase in volume by more than 3.12 times.
 
Among others, TV Today Networks was up by 3.17% at Rs 247.50 and DEN Networks was up by 1.92% at Rs 85. The stock of DEN Networks witnessed a hike in volume by more than 3.29 times.

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