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DEN Networks firmly in picture as Q3 net profit surges

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Capital Market Mumbai
Last Updated : Apr 22 2013 | 2:44 PM IST

DEN Networks announced the Q3 December 2012 results after market hours on Tuesday, 15 January 2013.

Meanwhile, the BSE Sensex was down 16.85 points or 0.08% at 19,969.97

On BSE, 10,528 shares were traded in the counter as against average daily volume of 71,717 shares in the past one quarter.

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The stock hit a high of Rs 208.50 and a low of Rs 203.95 so far during the day. The stock had hit a 52-week high of Rs 212 on 10 January 2013. The stock had hit a 52-week low of Rs 62.25 on 16 January 2012.

The stock had outperformed the market over the past one month till 14 January 2013, surging 7.99% compared with the Sensex's 3.05% rise. The scrip had also outperformed the market in the past one quarter, gaining 29.04% as against Sensex's 6.59% rise.

The small-cap company has equity capital of Rs 134.02 crore. Face value per share is Rs 10.

DEN Networks reported 15.37% fall in net sales to Rs 235.31 crore in Q3 December 2012 over Q3 December 2011.

DEN Networks is a cable TV distribution company.

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First Published: Jan 16 2013 | 11:32 PM IST

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