D B Corp lost 1.69% to Rs 287.25 at 11:15 IST on BSE, after 2.79% equity changed hands in a large bulk deal on BSE today, 9 April 2014.
A bulk deal of 51.36 lakh shares was executed on D B Corp counter at Rs 301 per share at 10:23 IST on BSE today, 9 April 2014.
Meanwhile, the S&P BSE Sensex was up 76.54 points or 0.34% at 22,419.99
Large bulk deal boosted volume on the D B Corp scrip. On BSE, so far 57.51 lakh shares were traded in the counter as against average daily volume of 8,392 shares in the past one quarter.
The stock was volatile. The stock surged as much as 16.35% at the day's high of Rs 340 so far during the day. The stock lost as much as 6.74% at the day's low of Rs 272.50 so far during the day. The stock had hit a record high of Rs 344.50 on 23 January 2014. The stock had hit a 52-week low of Rs 211 on 11 September 2013.
The stock had underperformed the market over the past one month till 7 April 2014, falling 2.37% compared with the Sensex's 1.93% rise. The scrip had also underperformed the market in past one quarter, falling 0.49% as against Sensex's 7.97% rise.
The mid-cap company has equity capital of Rs 183.48 crore. Face value per share is Rs 10.
More From This Section
D B Corp's consolidated net profit rose 33.8% to Rs 94.46 crore on 18.7% growth in total income to Rs 525.62 crore in Q3 December 2013 over Q3 December 2012.
D B Corp is India's largest print media company that publishes 8 newspapers with 66 editions, 199 sub-editions in 4 multiple languages across 13 states in India.
Powered by Capital Market - Live News