Jagran Prakashan slips after Q4 net profit declines

The result was announced after market hours on Tuesday, 28 May 2013.

Meanwhile, the S&P BSE Sensex was down 59.69 points, or 0.30%, to 20,101.13.

On BSE, 2,660 shares were traded in the counter as against an average daily volume of 27,869 shares in the past one quarter.

The stock hit a high of Rs 89.55 and a low of Rs 86.10 so far during the day. The stock had hit a 52-week high of Rs 117.50 on 8 January 2013. The stock had hit a 52-week low of Rs 82 on 14 June 2012.

The stock had underperformed the market over the past one month till 28 May 2013, sliding 3.07% compared with the Sensex's 4.53% rise. The scrip had also underperformed the market in past one quarter, falling 9.09% as against Sensex's 6.89% rise.

The small-cap company has an equity capital of Rs 66.38 crore. Face value per share is Rs 2.

Jagran Prakashan's net profit rose 22.8% to Rs 220.51 crore on 13.2% increase in net sales to Rs 1376.06 crore in Q4 March 2013 over Q4 March 2012.

Jagran Prakashan is India's leading media and communications group with its interests spanning across Print, OOH, Activations, Digital, covers all of India as its footprint - and is arguably amongst one of the largest media conglomerates in the country. It's newspaper operations alone with 9 newspaper titles in 5 different languages, sweeping across 15 states with over 100 editions.

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