ENIL in spotlight after good results

Image
Capital Market
Last Updated : May 20 2014 | 9:30 AM IST

Entertainment Network (India) advanced 1.32% to Rs 252.95 at 14:11 IST on BSE after consolidated net profit rose 21.8% to Rs 68.32 crore on 7.9% rise in net sales to Rs 334.23 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

The result was announced after market hours on Friday, 17 May 2013.

Meanwhile, the BSE Sensex was up 105.10 points, or 0.52%, to 20,391.22

The counter clocked volume of 3,665 shares on the BSE as compared with an average daily volume of 2,431 shares on BSE in past one quarter.

The stock hit a high of Rs 260.50 and a low of Rs 252.10 so far during the day. The stock had hit a 52-week high of Rs 276.70 on 16 November 2012 and a 52-week low of Rs 194 on 17 May 2012.

The scrip had outperformed the market over the past one month till 17 May 2013, rising 11.43% compared with the Sensex's 8.30% rise. The stock also outperformed the market in past one quarter, gaining 7.38% as against Sensex's 4.20% rise.

The small-cap radio broadcasting company has an equity capital of Rs 47.67 crore. Face value per share is Rs 10.

Entertainment Network (India) (ENIL)'s consolidated net profit rose 27.4% to Rs 25.61 crore on 7.1% rise in net sales to Rs 101.95 crore in Q4 March 2013 over Q4 March 2012.

ENIL's board of directors at its meeting held on 17 May 2013 recommended a dividend of Re 1 per share for the year ended 31 March 2013.

ENIL operates in the radio broadcasting segment, out-of-home media segment and experiential marketing segment.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 20 2013 | 2:23 PM IST

Next Story