Entertainment Network shines on policy change

DALAL STREET SPIKES

FM radio broadcaster, Entertainment Network closed Friday's trading session at Rs 478.85 a share, up 6.03 per cent over yesterday's close, after the telecom regulator recommended the ownership of multiple FM channels by a single operator and raising the foreign direct investment limit.

The shares touched a high of Rs 511 a share and a low of Rs 440.25 a share in intraday trades. A total of 6.96 lakh equity shares changed hands on the Bombay Stock Exchange.