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Den Networks Ltd jumps around 5% on strong buying support

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Capital Market

Den Networks Ltd is quoting at Rs 77.2, up 4.96% on the day as on 12:49 IST on the NSE. The stock is down 20.25% in last one year as compared to a 6.51% slide in NIFTY and a 21.2% slide in the Nifty Media index.

Den Networks Ltd is up for a third straight session today. The stock is quoting at Rs 77.2, up 4.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 10916.95. The Sensex is at 36213.3, up 0.41%. Den Networks Ltd has gained around 7.6% in last one month.

 

Meanwhile, Nifty Media index of which Den Networks Ltd is a constituent, has gained around 16.19% in last one month and is currently quoting at 2544.6, up 0.51% on the day. The volume in the stock stood at 1.39 lakh shares today, compared to the daily average of 3.55 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending December 18.

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First Published: Mar 05 2019 | 1:05 PM IST

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