Indiantelevision.com's Daily Stock Watch : 16 September 2003- Bulls warm up again after their short break

Indiantelevision.com's Daily Media Stock Watch

Stocks recoup losses of Monday's slump

Bulls warm up again after their short break

By RICHA SINGH Indiantelevision.com Team (16 September 2003 6:00 pm)

	MUMBAI: The short but potent selling spree finally gave right of way to buying interest that pushed the markets up and out of the red zone. In line with the market buoyancy, media players too were seen springing back as buying picked up pace and more or less recouped the losses of Monday's hectic selling. Read on...

BSE

Price Watch

16 September 2003 4:30 pm

Scrip code	Name of the scrip	Open Rs	High Rs	Low Rs	Last traded Rs	Change			Volume traded	Value traded Rs lakhs (10 lakhs=1 million)	52 Week H/L
Scrip code	Name of the scrip	Open Rs	High Rs	Low Rs	Last traded Rs	Abs	%	Gain/ Loss	Volume traded	Value traded Rs lakhs (10 lakhs=1 million)	52 Week H/L
532399	Adlabs Films	61.80	62.90	60.05	62.35	0.55	0.89		13101	8.11	69.75/35.00
532382	Balaji Telefilms	65.25	66.25	63.85	65.00	0.25	0.38		66282	42.95	532.00/51.55
532324	Cinevistaas	35.60	37.90	34.05	37.00	1.40	3.93		17495	6.33	42.45/17.70
532392	Creative Eye	13.24	13.50	13.08	13.50	0.26	1.96		1157	0.15	19.50/9.00
526785	Crest Comm.	32.20	33.00	32.05	32.80	0.60	1.86		18675	6.14	47.00/20.05
526677	DSJ Comm.	0.56	0.51	0.51	0.51	0.05	8.93		2000	0.01	1.19/0.35
506156	ETC Networks	47.00	49.00	46.25	48.60	1.60	3.40		12942	6.18	88.30/33.40
506186	Galaxy Ent	43.60	44.75	40.25	41.75	1.85	4.24		25750	10.97	44.75/12.45
532318	Gemini Comm	25.10	24.80	24.80	24.80	0.30	1.20		1000	0.24	28.95/8.00
523277	G V Films	3.30	3.79	3.13	3.45	0.15	4.55		43880	1.43	6.35/1.65
500189	HindujaTMT	194.30	205.00	191.05	204.30	10.00	5.15		288520	574.00	311.00/145.00
532033	Jain Studios	14.95	14.60	14.25	14.50	0.45	3.01		6600	0.95	27.90/11.05
532081	K Sera Sera	55.25	58.00	56.00	58.00	2.75	4.98		1025	0.59	64.25/8.00
532416	Mid-Day Multi	21.75	22.00	21.00	21.75	-	-	-	20873	4.51	27.50/11.15
532357	Mukta Arts	53.20	60.00	52.20	54.10	0.90	1.69		20684	11.09	107.00/42.05
508989	Navneet Publ	143.85	148.70	141.00	145.70	1.85	1.29		7252	10.41	160.00/102.00
532350	PadmalayaTele	80.20	83.90	78.20	83.50	3.30	4.11		383219	314.00	104.95/44.50
500329	Pentamedia	9.80	10.20	9.10	10.06	0.26	2.65		2099075	209.00	33.10/7.05
532387	Pritish Nandy	27.10	27.25	26.50	27.25	0.15	0.55		1972	0.53	36.50/14.25
526725	Sandesh Ltd	118.10	122.00	118.00	122.00	3.90	3.30		3115	3.72	145.00/95.00
532163	Saregama	52.30	52.50	51.25	51.75	0.55	1.05		4322	2.23	93.95/41.55
530943	Sri AdhikariBro	60.75	62.50	59.00	60.90	0.15	0.25		47712	28.80	142.35/41.85
532299	TV Eighteen	130.45	134.00	126.00	131.90	1.45	1.11		102062	133.00	142.50/49.00
532375	Tips	38.45	38.75	37.65	38.00	0.45	1.17		4566	1.74	67.00/30.05
505537	Zee Telefilms	102.45	104.00	101.00	102.20	0.25	0.24		1344963	1,378.00	123.80/60.15

It was a good day for Padmalaya Telefilms. The scrip raced up 4.11 per cent over unconfirmed news of an overseas listing, closing marginally lower than its day's high at Rs 83.50. More than 3.83 lakh Padmalaya shares were traded on BSE alone.

Mukta Arts spiked 12.78 per cent during the day to record the day's high of Rs 60.00 before settling at Rs 54.10 on a gain of 1.69 per cent. The counter saw volumes of over 0.20 lakh shares on BSE.

Media stocks accounted for 0.92 per cent of the total market capitalisation of BSE 30 and 0.66 per cent of BSE 100 today on 16 September.

Among others to ride the optimism of the markets was Hinduja TMT, which recouped yesterday's ten-rupee plunge exactly and ended the day at last Friday's close of Rs 204.30. Over 2.88 lakh shares were traded on the counter.

Continuing the climb, TV Eighteen paced up by 1.11 per cent to close the day at Rs 131.90. The stock traded in a range of Rs 126-134 through the day.

ETC Networks too recovered completely from yesterday's dip, posting a rise of 3.40 per cent. The stock closed at Rs 48.60.

K Sera Sera jacked up 4.98 per cent and closed at the day's high of Rs 58.00.

Sandesh, the Gujarati news daily, was last traded at its intra day high of Rs 122.00 clocking a 3.30 per cent gain. Cinevistaas too put on 3.93 per cent to close at Rs 57.00.

Others that showed signs of recovery were Adlabs Films, which gained 0.89 per cent to just about make good last trading day's slide; Pritish Nandy, which closed at Rs 27.25 at a gain of 0.55 per cent; and Sri Adhikari Brothers that closed at Rs 60.90 on marginal gains.

Mid-Day Multimedia traded in a very narrow range and closed the day with no change.

Media heavyweight Zee kept to a restricted range of Rs 101-104 and clocked volumes of over 13.44 lakh shares on BSE. The stock was last traded at a dip of 0.24 per cent at Rs 102.20.

Balaji Telefilms put in another consecutive day of slides. The counter slipped marginally to close at Rs 65.00. Over 0.66 lakh shares were traded on BSE.

Galaxy Entertainment, which was on an upswing off late, stripped 4.24 per cent and ended the day at Rs 41.75.

By and large, a good day for the markets even as investors are cautious but buoyant on the prospect of good economic growth.

(Data sourced from www.bseindia.com.)
Exchange rate: 1$ = Rs 45.90

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