Reliance Broadcast Network trades in fine contour on BSE

[Editor: Digitization of cable services‎ will not only immensely benefit consumers because of more choices, improvement in quality and content variety but will also benefit broadcast and TV distribution industry]

10-Apr-2013: Reliance Broadcast Network is currently trading at Rs 25.00, up by 0.10 points or 0.40% from its previous closing of Rs 24.90 on the BSE.

The scrip opened at Rs 25.00 and has touched a high and low of Rs 25.00 and Rs 25.00 respectively. So far 100 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 59.20 on 27-Aug-2012 and a 52 week low of Rs 23.30 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs 28.75 and Rs 24.80 respectively. The current market cap of the company is Rs 198.63 crore.

The promoters holding in the company stood at 70.29% while Institutions and Non-Institutions held 2.52% and 27.19% respectively.

Reliance Broadcast Network's (RBNL) - radio arm - 92.7 BIG FM, has bagged three Bronze Creative Abbys at the recently concluded Goafest 2013, India's premiere media & advertising festival that recognizes and celebrates creativity across various mediums of mass communication. 92.7 BIG FM was the only network, which bagged creative Abbys at the festival in the Original Music Score, Sound Design and Corporate categories.

92.7 BIG FM won a bronze in the Original Music Score category for Early Morning Stationality. The Diwali promo that was conceptualized to celebrate a noiseless and pollution free festival witnessed the sound of fireworks specially created using the mouth, hands and a few pages in the studio to present a wonderful acapella. This fireworks show had the happy sounds of Diwali celebrations without any hint of pollution. The creation secured the bronze Abbys in two categories, 'Sound Design' and 'Corporate'.

RBNL has a multi media play in the spaces of radio, television, intellectual property, out of home and television products and specializes in creating and executing integrated solutions for clients, across the country. BMI is the first variety Entertainment Channel to connect with the Indian community in Canada.

Courtesy: Indian-Commodity