Hindustan Media Ventures lost 1.45% to Rs 136 at 14:49 IST on BSE after net profit rose 19.86% to Rs 27.21 crore on 18.31% growth in total income from operations to Rs 183.88 crore in Q4 March 2014 over Q4 March 2013.
The Q4 result was announced during trading hours today, 7 May 2014.
Meanwhile, the S&P BSE Sensex was down 119.31 points or 0.53% at 22,389.11.
On BSE, so far 17,000 shares were traded in the counter as against average daily volume of 4,610 shares in the past one quarter.
The stock was volatile. The stock lost as much as 2.42% at the day's low of Rs 134.65 so far during the day. The stock rose as much as 4.56% at the day's high of Rs 144.30 so far during the day. The stock had hit a 52-week low of Rs 93 on 7 October 2013. The stock had hit a 52-week high of Rs 154.90 on 7 April 2014.
The stock had outperformed the market over the past one month till 6 May 2014, advancing 1.02% compared with the Sensex's 0.67% rise. The scrip had, however, underperformed the market in past one quarter, jumping 6.19% as against Sensex's 10.82% rise.
The company has equity capital of Rs 73.39 crore. Face value per share is Rs 10.
Hindustan Media Ventures' net profit surged 31.57% to Rs 111.21 crore on 14.68% growth in total income from operations to Rs 729.72 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013).
Hindustan Media Ventures has 4 editions and 113 sub editions across the Hindi belt.
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