MAM

Media scrips continue decline post-budget

MUMBAI: Media scrips continued their downslide four days after the announcement of the annual budget 2003-04. Media analysts have already indicated that the budget was negative for the media and entertainment companies.

On the Bombay Stock Exchange (BSE), the Zee Telefilms scrip opened at Rs 80.1, dipped to Rs 77.10 - down 3.75 per cent. A total of 2,518,069 shares were traded. The P/E ratio was 22.94 and the EPS at Rs 3.35. On the National Stock Exchange (NSE), the scrip opened the day at Rs 80.3, fell 4.11 per cent to end the day at Rs 77. The total volume traded was 4,229,021.

On the BSE, the Balaji Telefilms scrip opened the day at Rs 69.65; fell 1.79 per cent to Rs 68.40. A total of 51,573 shares were traded. On NSE, the scrip opened at Rs 72, fell 1.94 per cent to end the day at Rs 68.30. The total volume traded was 70,737.

On the BSE, the Mukta Arts scrip opened the day at Rs 61.25; fell 3.10 per cent to Rs 59.35. A total of 64,525 shares were traded. On the NSE, the scrip opened at Rs 61.95; fell 5.46 per cent to end the day at Rs 58. The total volume traded was 81,609.

On the BSE, the Television Eighteen scrip opened the day at Rs 61.2; fell to Rs 60.2 - down 1.63 per cent. A total of 6,816 shares were traded. On the NSE, the scrip opened at Rs 61.3; fell 2.20 per cent to end the day at Rs 60. The total volume traded was 20,509.

On the BSE, the Creative Eye scrip opened the day at Rs 11.75; dipped 9.79 per cent to end the day at Rs 10.60. A total of 5,250 shares were traded. On the NSE, the scrip opened at Rs 11; fell 1.36 per cent to Rs 10.90. The total volume traded was 16,197.

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