Network 18 Media & Investments Ltd share Price Today

Network18 is a media conglomerate with operations across India as well as overseas. The company owns several leading brands for news and video content and also operates many print media brands. Two of the most prominent brands owned and operated by the company are News18 and CNN. Network18 was founded in 1996 and has since grown into a publicly-listed company with a significant stake owned by Reliance Industries.  The company has its headquarters in Mumbai.

On 21 December 2022, the market capitalisation of Network18 was Rs 6,962.21 crore, and it reported consolidated sales of Rs 167.33 crore at the end of June 2022.

The company is listed on the Bombay Stock Exchange with the code 532798 and the National Stock Exchange with the code NETWORK18. On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 75%, a 5% stake of foreign institutional investors, and a public stake of 19.2%. Reliance Industries Limited is the leading promoter of the company. The company’s shareholding pattern has remained largely the same over the past year. 

The company’s board of directors consists of Adil Zainulbhai, Rahul Joshi, Jyoti Deshpande, P M S Prasad, Bhama Krishnamurthy, Dhruv Subodh Kaji, and Rajiv Krishan Luthra. The chief financial officer of the company is Ramesh Kumar Damani. The auditors are Deloitte Haskins & Sells LLP. On 30 June 2022, the company had a total of 104.69 crore shares outstanding.

On 21 December 2022, Network 18 Media share prices were Rs 66.60 and Rs 66.65 on NSE and BSE, respectively. The share price touched a 52-week high of Rs 117.40 and a 52-week low of Rs 57.50. Its three-month return to investors was -4%, while its one-year return was -23.9%. The company had a PE ratio of 59.5, and its PB ratio was 1.62. It didn’t have any dividend yield.

As of November 2022, Quant Active Direct-G had invested Rs 28.24 crore in the company, while Quant Value Fund Direct-G and Nippon India Nifty Smallcap 250 Index Fund Direct Growth had invested Rs 11.32 and Rs 0.75 crore, respectively.  

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Network 18 Media & Investments share price as on 24 Apr 2024 is Rs. 92.44. Over the past 6 months, the Network 18 Media & Investments share price has increased by 32.53% and in the last one year, it has increased by 70.36%. The 52-week low for Network 18 Media & Investments share price was Rs. 53.52 and 52-week high was Rs. 136.2.