DQ Entertainment hits upper circuit in opening trade

DQ Entertainment (International) was locked at 5% upper circuit at Rs 13.45 at 9:31 IST on BSE after the stock witnessed multiple bulk deals on Friday, 9 March 2018.

Meanwhile, the S&P BSE Sensex was up 263.82 points or 0.79% at 33,570.96.

On the BSE, 3,079 shares were traded on the counter so far as against average daily volumes of 3.76 lakh shares in the past two weeks. The stock had hit a high of Rs 13.45 and a low of Rs 12.40 so far during the day. The stock had hit a 52-week high of Rs 25.85 on 10 April 2017 a 52-week low of Rs 11.50 on 11 August 2017.

N G Industries sold 5 lakh shares of DQ Entertainment (International) at Rs 13.34 per share in a bulk deal on the BSE on Friday, 9 March 2018. Ganpati Dealcom offloaded 10 lakh shares at Rs 13.20 apiece. Ashok Kumar Goenka purchased 8 lakh shares at Rs 13.31 per share. Goenka Securities bought 8 lakh shares at Rs 13.20 apiece.

DQ Entertainment (International) reported a net loss of Rs 26.65 crore on revenue of Rs 59.89 crore in the quarter ended December 2017.

DQ Entertainment is an animation, gaming, live action entertainment - production and distribution - company with one of the largest capacities for animation production for television, feature films, home video, online game art, visual effects, mobile and next generation console games.

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