On 4 April, Zee Telefilms opened the day at Rs 73.2 on the Bombay
Stock Exchange (BSE), fell by 1.3 per cent to finish at Rs 72.25.
The volume of shares trades was around 1.2 million shares. The scrip
had dipped to a 52-week low of Rs 60.15 after hovering around the
Rs 100 mark in the first week of 2003.
The current rebound is attributed to the fact that the World Cup
is over; Zee's Siti Cable is gearing up to tackle the conditional
access system (CAS) scenario; and Chandra has got the nod for DTH
(direct to home) from the information & broadcasting ministry
On the National Stock Exchange (NSE), the Zee Telefilm scrip started
the day (4 April) at Rs 72.45; fell 2.05 per cent and ended the
day at Rs 71.50. The volume of shares traded was around 2.4 million.
The Balaji Telefilms scrip climbed up 5.87 per cent to end the
day (4 April) at Rs 65.85 on the BSE. On the NSE, it rose by 6.35
per cent to end the day at Rs 66.15. Higher volumes of shares -
143,743 - were witnessed. Recently, the share had dipped to a 52-week
low of Rs 52 on the BSE. It started the year 2003 at the Rs 80-mark.
Sri Adhikari Brothers Television Network grew by 7.78 per cent
to end the day (4 April) at Rs 52.65. On the NSE, the scrip rose
to Rs 52.25 (up Rs 6.85 per cent).
Cinevistaas grew by 7.18 per cent to end the day (4 April) at Rs
23.15 on the BSE. The scrip had touched a 52-week low of Rs 17.7.
Towards the beginning of the year, it was hovering around the Rs
Creative Eye grew marginally by 1.1 per cent to finish the day
(4 April) at Rs 10.50 on the BSE. The stock had started the year
with the price at the Rs 14-mark.
The ETC Networks scrip rose by 4.34 per cent to end the day (4
April) at Rs 43.30. The scrip was ruling at the Rs 70-mark in the
first week of the year 2003.
It would be interesting to see what kind of an impact the World
Cup would have had on Star India or Sony Entertainment Television
if these companies had been listed on the stock exchanges.