News >> Finance >>

UTV Software Communication shares rise 8 percent

Friday, 16 July 2010, 22:32 IST
By SiliconIndia

UTV Software Communication shares rise 8 percent

Bangalore: UTV Software Communication stock was among the top gainers after its price went up by nearly 8 percent. After opening the day at Rs. 434, the stock touched its 52 week high of Rs. 468, before closing trade at Rs. 429.95, with a gain of 7.94 percent. Through the day, 3,74,442 UTV Software shares were traded in the market with the current P/E ratio of the stock at 32.05. The 52 week stock price chart is on the left.

UTV Software Communications is an India-based integrated media and entertainment conglomerate. The Company operates in three segments Television, Motion Pictures and Interactive. The Company undertakes dubbing in Hindi, Bengali, Gujarati, Marathi, Tamil, Telugu and Malayalam besides dubbing from English to Hindi. As of March 31, 2009, the Company's subsidiaries included UMP Plc, UTV Motion Pictures (Mauritius), IG Interactive Entertainment, UTV Communications (USA) LLC and Ignition Entertainment.

UTV Software Communications has reported consolidated net profit of Rs. 411.95 milion for the quarter ended Jun.30, 2010 as against Rs. 305.39 million in the same quarter previous year, rise of 34.89 percent. Currently, 4 analysts are following the stock. The consensus recommendation is to hold the stock.
Loading...